Topic: Tenant Estoppel Certificate
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Answers to Common Questions
What is a tenant estoppel certificate?
I actually do know what a tenant estoppel certificate is... An estoppel certificate is a document that your landlord may require you to sign from time to time verifying that the lease is in full force and effect and restating certain terms ... Read More »
Source: http://answers.yahoo.com/question/index?qid=20070523143214AAbA16I
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 w... Read More »
Source: http://answers.ask.com/Business/Finance/what_is_an_estoppel_certi...
What is the liability if someone signs tenant estoppel letter?
An agency relationship may be created by estoppel if someone states incorrectly that another person is their agent. If a third person relies on that (mis)representation in dealing with the "agent", then the "principal" (seller) cannot later... Read More »
Source: http://wiki.answers.com/Q/What_is_a_tenant_estoppel_agreement
More Common Questions
Answers to Other Common Questions
Answer A company could require an estoppel cert. be signed when terms are changed to the original agreement. This would set definative dates when the new terms are in effect protecting the lender. ( i.e higher re-payment amounts, new length...
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Source: http://wiki.answers.com/Q/Who_normally_would_require_a_estoppel_c...
In the case of a commercial lease, the lender requires an estoppel from all tenants leasing space in the shopping center.
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Source: http://wiki.answers.com/Q/Who_would_normally_require_a_estoppel_c...
It is when a buyer or lender goes to the tenants of a building and says ,I would like you to certify to me that your lease is in full effect. The tenant is the one who signs it.
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Source: http://www.chacha.com/question/what-is-an-%E2%80%9Cestoppel-certi...
It is a certificate signed by the tenant, confirming that the lease is in existence, that its term is x number of months or years, that the rent is $x per month, and that the tenant has no claims or complaints against the landlord. This typ...
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Source: http://answers.yahoo.com/question/index?qid=20060715105004AA2FpYd
When there is a question of actual habitability... whole in bath floor, mold, contaminated water field... etc.
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Source: http://wiki.answers.com/Q/What_happens_to_tenants_if_landlord_doe...
It is basically a form that confirms the terms of your lease agreement. You confirm what you are paying in rent, when your lease expires, how many options you have left, etc.
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Source: http://answers.yahoo.com/question/index?qid=20091117061136AAzg9JF
The landlord has two choices; 1. evict the tenant is the normal way...under NJ state laws. This can take anywhere from 1 to 2 months. 2. have the building department deem the unit illegal. This may or may not result in a small fine to the l...
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Source: http://answers.yahoo.com/question/index?qid=20090104110412AAkE4pI
