When a property is being sold or refinanced, this certificate assures the new owner or lender that the lease agreements are exactly as the tenant and landlord say they are, helping prevent any misunderstandings or disagreements later on. Estoppel certificate vs. tenant estoppel certificate An estopp...
Additionally, during the sale process, you might be asked to sign anestoppel certificate. This document verifies the terms of your lease—like rent amount and lease duration—for the new owner, ensuring that both you and they understand your rights and obligations under the current lease agreement...