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estoppel
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estoppel


The lease says I must sign an estoppel certificate if requested.
  a rule of evidence whereby a person is barred from making assertions that contradict earlier assertions by the person or that contradict a fact that has already legally settled
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estoppel estoppels
Notes:
A landlord may ask a tenant to sign an "estoppel certificate" if a building is being sold. It assures the buyer knows of any tenant claims and all tenant responsibilities before they purchase the building.
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Samples:
  • The lease says I must sign an estoppel certificate if requested.
  • We don’t have a written estoppel, but we have an estoppel by deed.
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Associated words [difficulty]:   estoppel
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Most commonly used in these subjects:   Law, Business, Personal Finance
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