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Estoppel Clause
(redirected from Estoppel Certificates)

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Estoppel Clause
A clause in a contract stating that certain facts are true as of the date the contract is signed. For example, the estoppel clause may state the collateral or amount of a loan. It is put in a contract to eliminate any ambiguity.


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In addition to obtaining estoppel certificates from commercial tenants, you should also require an estoppel certificate from any guarantor to a commercial lease.
The bill creates estoppel certificates for homeowners' associations.
Obtain Tenant Estoppel Certificates Generally, a lender will thoroughly review the tenant leases and obtain tenant estoppel certificates from major tenants prior to making a loan to the borrower on income-producing property.
 
 
 
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