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Real Estate Glossary

Estoppel Certificate

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Written by Luis Escobar

Executed by the one taking out the mortgage, an estoppel certificate is a legal instrument certifying an existing lease, confirming specific lease terms such as reimbursement obligations that state that there there are no defaults whatsoever and that rent is to be paid at a specific date.

Executed by the one taking out the mortgage, an estoppel certificate is a legal instrument certifying an existing lease, confirming specific lease terms such as reimbursement obligations that state that there there are no defaults whatsoever and that rent is to be paid at a specific date.

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Luis Escobar

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