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Here is an excerpt from a previous Answers.com topic regarding estoppel. I take no credit for this definition, but believe it will accurately address your inquiry.
A doctrine of law that stops one from later denying facts which that person once acknowledged were true and others accepted on Good Faith.
Example: Abel signs a certificate acknowledging that he owes $10,000 on a Mortgage as of a certain date. Later he contends that he owed only $5,000. Abel is prevented from asserting this new contention under estoppel.
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What is difference between the terms real estate and real property?
They have the same meaning.
What is the meaning of escrow in real estate?
I believe you mean 'escrow'.
What is the abbreviation for real estate?
The abbreviation for real estate is RE. Of course, it would have to be used in an appropriate context to have that meaning since RE can be used in other contexts.
What does etvir mean in real estate?
What does etvir mean on a deed on real estate
What does Give yourself more real estate meaning?
It means something like 'make a space for something'.
How to get Estoppel Certificate when buying a condominium?
Your broker and real estate attorney can help you obtain the certificate you want.
What is difference between the terms real estate and real property?
They have the same meaning.
What is the meaning of escrow in real estate?
I believe you mean 'escrow'.
What the meaning of estate ownership?
A persons estate is all the property they own both real and personal property.
What is the meaning of friends and family in real estate?
Friends and family have no special meaning in real estate. However, see the link below for video explaining how to use friends and family to sell your home.
What is the abbreviation for real estate?
The abbreviation for real estate is RE. Of course, it would have to be used in an appropriate context to have that meaning since RE can be used in other contexts.
What is the proper meaning for REO in mortgage terms?
REO- Real Estate Owned or Bank owned, which means the real estate property is no longer mortgaged~ as a result of forfeiture or foreclosure.
What is the meaning of devisor?
One who devises, or gives real estate by will; a testator; -- correlative to devisee.
What is the meaning of the German word Immo?
"Immo" stands for "Immobilien" and means "real estate".
What is the meaning of transferee in real estate?
The transferee is the person or other entity that the property is transferred to.
What is the term used post sale in real estate means?
Post-sale in any context, not just real estate, means after the sale of the property or item. Post is a Latin word meaning after, like post-war, meaning after the war.
What does etvir mean in real estate?
What does etvir mean on a deed on real estate
