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Get Lease Estoppel Certificate
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How to fill out the Lease Estoppel Certificate online
Filling out a Lease Estoppel Certificate online can seem daunting, but with the right guidance, it can be a straightforward task. This document verifies the status of a lease agreement between the lessor and lessee and is an essential tool for lenders.
Follow the steps to fill out the Lease Estoppel Certificate online.
- Click ‘Get Form’ button to obtain the certificate and open it in your preferred online editor.
- In the section labeled 'RE:', fill in the details regarding the property and specify the involved parties, including the lender, lessor, and lessee.
- Provide the date of the lease in the 'Lease: Dated:' field, ensuring accuracy for proper documentation.
- Insert the specific premises address in the 'Premise:' section, referring to the attached Exhibit 'A' for clarity if necessary.
- Review the introductory section that confirms the lease is valid and has not been modified. Ensure this statement reflects the current status of the lease.
- Complete the section listing the lease commencement date and ensure that you indicate the rental payments since that date.
- Fill in the expiration date of the initial lease term and any options to extend the term under the lease agreement.
- Input the monthly rental amount in the corresponding field, and indicate the security deposit held by the lessor.
- Certify that the lessee is current with all payments, ensuring no rent or payments have been prepaid beyond one month in advance.
- Verify that all required improvements by the lessor have been satisfactory to the lessee.
- Confirm there are no offsets or deductions against rents and clarify that neither party is in default or aware of any potential default situation.
- Certify that there are no claims or defenses against the lessee and that no subletting has occurred.
- Complete the signatures section, obtaining necessary signatures from both the lessor and lessee, along with their printed names and titles.
- Once all fields are completed, save the changes, download, print, or share the Lease Estoppel Certificate as needed.
Start filling out your Lease Estoppel Certificate online today for seamless processing.
What is this Document? This powerful document is the Tenant Estoppel Certificate (TEC). The TEC is a legally binding document where a tenant represents or promises certain things to be true. These things relate to the relationship between the landlord and the terms of the lease.