21 Free Estoppel Certificate Forms Templates

Download these 21 Free Estoppel Certificate Forms Templates in MS Word and PDF Format to help you prepare and print your very own 21 Free Estoppel Certificate Form when and where required.

Whether you are a tenant or landlord/owner of a building, you both have your own rights and obligations. One of these obligations is that the tenant can’t just say that he is vacating the building until the lease is expired and the landlord can’t vacate the tenants without at least 1-2 months notice. One of the obligations of the owner of the building is that when he decides to sell the property or get mortgage on it, he should notify the tenants about the transaction and get their permission to do so. Ideal situation is where the tenants would just vacate the building but usually that doesn’t happen. Instead, the tenants give their consent to the owner of the property for either selling it or getting mortgage on it by signing the estoppel certificate form.

Key Elements of an Estoppel Certificate Form:

Name of the tenant(s) with their details
Name of the landlord or owner of the building
Date on which the tenant signed the lease
Description of the property
Use of the property i.e. commercial or residential
Duration of the lease i.e. expiry
Amount of security deposit
Particulars of the lease (if any)
Consent of the tenant about understanding estoppel certificate
Signature of the tenant(s)

Importance and Usage of Estoppel Certificate Form:

In the real estate business, it’s a common practice of landlords and property owners to get mortgage on their properties. This is not that uncommon and more of a general way of living life these days. People get mortgage on their properties, use the money for something immediate i.e. injury or damage to the property and then payback the amount of mortgage in small installments. In the same manner, selling and buying real estate is also a part of daily routine lives of realtors. This process becomes a little completed or difficult when the property is leased or rented by someone and the landlord or the owner of the building or property decides to sell it or get mortgage on it. If the building was empty, there is no complication in the process because even after getting mortgage on the property, you can live inside or rent it out without restrictions. The problem starts when the building is already leased and by the time you get mortgage on it or sell it, the tenants don’t have any knowledge of the process.

Free Estoppel Certificate Forms Templates

Here are free Estoppel Certificate Forms Templates in MS Word or PDF Format to help you understand it and hence create your own Estoppel Certificate Form easily.

Here is download link for this estoppel certificate form 001,

Download link for this estoppel certificate form 002 in MS Word Format,

Here is download link for this estoppel certificate form 003 in MS Word Format,

Download link for this estoppel certificate form 004 in PDF Format,

Here is download link for this estoppel certificate form 005 in MS Word Format,

Download link for this estoppel certificate form 006 in MS Word Format,

Here is download link for this estoppel certificate form 007 in MS Word Format,

Download link for this estoppel certificate form 008 is below,

Here is download link for this estoppel certificate form 009,

Download link for this estoppel certificate form 010 in MS Word Format,

In order to inform the tenants that the owner of the building has decided to sell the property before the lease expires or that he is getting a mortgage on the property and if he fails to repay the mortgage, the bank or credit card company might seize the building and put it in auction to recover the damages. This might create problems for the tenants because they would then need to find a new place to live on urgent basis which is never the ideal situation for anyone. This is where the estoppel certificate comes handy. This certificate is given by the landlord to the tenants for mutual understanding and to get their consent. Usually when there is a potential buyer of a property or the bank is releasing mortgage on the building and they find out that it’s rented out, they need to ask for the permission and consent of the tenants and that is done by signing the estoppel certificate.