What does an Estoppel Certificate confirm?

An Estoppel Certificate serves as a key document in real estate transactions, confirming the current details of a lease agreement and providing insight into the tenant's financial status. It typically outlines essential information such as the lease terms, the rental payment status, whether there are any disputes between the tenant and landlord, and any agreements or amendments made to the initial lease.

This certificate acts as a safeguard for both landlords and lenders, ensuring that the information presented regarding a lease can be relied upon in financial negotiations or transactions. When a tenant signs an Estoppel Certificate, they are essentially affirming the accuracy of these details, which helps avoid future disputes regarding the lease’s terms or the tenant's obligations.

The other options touch on relevant aspects of a lease or financial assessment but do not encompass the core purpose of an Estoppel Certificate effectively. For example, while creditworthiness of the landlord or historical rent payments may be factors in a broader financial assessment, they are not the primary focus of what an Estoppel Certificate confirms. Similarly, the market value of the property is related to its overall worth but is not detailed in an Estoppel Certificate, as that document deals specifically with the lease and tenant circumstances.