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An example is if a landlord verbally agreed to let a tenant keep a pet on the rental property, the tenant should include that detail in the estoppel certificate so that the buyer is aware of this privilege.
How to Obtain an Estoppel Certificate (4 steps) Meet with the Tenant. Obtain the Original Lease. Make Copies of Last Three Months' Rent. Get the Estoppel Notarized.
Estoppel by Deed: This type of estoppel prevents a person from denying the truth of any fact stated in a deed they have executed. Equitable Estoppel: This form of estoppel prevents someone from taking a legal position that is contrary or inconsistent with their previous stance if doing so harms the other party.
An estoppel certificate is a legally binding document whereby a tenant represents or promises certain things regarding its lease or rental agreement to be true.