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An estoppel certificate is a legal document used primarily in real estate transactions to confirm the terms of a lease and the status of the tenant's obligations. It is typically requested by a lender or buyer during the due diligence process, ensuring that all parties are on the same page regarding lease terms, rent payments, and any defaults. By signing the certificate, tenants affirm that the lease is valid and acknowledge any existing obligations, thereby preventing them from later disputing those terms. This document is commonly used when properties are being sold or refinanced.

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4d ago

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