Property Management
A South Carolina commercial lease 'estoppel certificate' is used to:
ATerminate the lease early
BConfirm the lease terms, rent paid, and no disputes at a specific date (often for lender or buyer due diligence)✓ Correct
CCertify the tenant's creditworthiness
DRecord the lease at the courthouse
Explanation
An estoppel certificate is signed by the tenant confirming the lease terms, current rent, deposit amount, lease dates, and that there are no outstanding disputes or defaults. Lenders and buyers use it in due diligence.
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