What is an estoppel certificate and why is it important?
An estoppel certificate is a signed statement from the Condominium Corporation that certifies that the documentation they have provided you or the owner with is accurate. It is important for the buyer to ask for one. The estoppel certificate tells you: The Corporation may charge a fee for the certificate.
Related Questions
- I’m refinancing or selling my property, and need an estoppel certificate and/or a Subordination and Non-Disturbance Agreement (SNDA). How do I request these documents?
- Can a Condominium Corporation provide an owner, purchaser, mortgagee or their representative with a copy of the Estoppel certificate?
- What if I need an estoppel certificate or other cooperation for a project sale or financing?
