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A company could require an estoppel cert. be signed when terms are changed to the original agreement. This would set definative dates when the new terms are in effect protecting the lender. ( i.e higher re-payment amounts, new length of payment.)

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17y ago

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Who signs estoppel certificate?

The estoppel certificate is typically signed by the party who is providing the certificate. For example, if a tenant is providing the estoppel certificate to a landlord, the tenant would sign the certificate.


What is estopel?

Estoppel is a legal principle that prevents a person from arguing something contrary to a claim they previously made or accepted as true, especially if doing so would harm another party who relied on the original claim. It aims to uphold fairness and prevent inconsistency in legal proceedings. There are various forms of estoppel, including equitable estoppel and promissory estoppel, each addressing different scenarios where reliance on a statement or action is at stake. Essentially, estoppel serves to protect the integrity of legal agreements and representations.


Why would a person wanting to rent a time share from you ask you to sign a document to get an estoppel certificate from the Marriott about your property?

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Do they have to prove you stole something?

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