In this video, Millionacres outlines what an Estoppel Certificate is and when it might be required. An estoppel certificate is a document signed by a tenant that states what the current status is on their lease. In the tenant estoppel certificate, the tenant will confirm certain details of the lease, such as the amount of their rent payment and security deposit, to assist a third party in their due diligence. In most cases, the third party is either a buyer or a lender.
What Is An Estoppel Certificate?
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