Property Management
An estoppel certificate in commercial property management is a document signed by the tenant to:
ATerminate the lease early
BConfirm the lease terms, rental amounts, and any defaults—typically required for a sale or financing✓ Correct
CRequest a rent reduction
DGrant the landlord access for repairs
Explanation
An estoppel certificate is signed by the tenant confirming the current terms of the lease, that rent is current, and that no uncured defaults exist. Buyers and lenders require it to verify lease status.
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