Lease Terms
A signed tenant statement confirming lease terms, rent, and any claims against the landlord — required during commercial property sales.
An estoppel certificate is a signed statement from each tenant during a sale or refinance confirming the lease terms (rent, term, options), security deposit amounts, unpaid obligations, and any existing claims against the landlord. Lenders and buyers require estoppels to verify the rent roll and prevent tenants from later claiming different lease terms.
We can help you understand how this concept applies to your specific commercial real estate investment or transaction.
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