Property Management
What is an 'estoppel certificate' in commercial property management?
AA tenant's emergency exit form
BA document signed by a tenant confirming the terms of their lease, current rent, any defaults, and lease commencement/expiration dates✓ Correct
CA landlord's insurance certificate
DA property condition report
Explanation
An estoppel certificate is a document where the tenant certifies the current status of their lease — including rent amount, security deposit, lease dates, any defaults, and any modifications to the original lease. Lenders and buyers of commercial properties require estoppel certificates to confirm lease terms before closing.
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