What is an estoppel certificate?
An estoppel certificate is a guarantee that all of the information stated in a declaration is correct. Many times these are provided to third parties who may be interested in purchasing a property. The estoppel would be signed by a tenant who may be renting the property from a landlord. It confirms to the buyer that the contract between the tenant and landlord has been upheld and nothing is outstanding.
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?
