Commercial Tenant Estoppel Certificate Template

COMMERCIAL TENANT ESTOPPEL CERTIFICATE TEMPLATE FAQ

What is a commercial tenant estoppel certificate?

A Commercial Tenant Estoppel Certificate is a document a tenant signs to confirm key facts about a commercial lease — such as rent amount, lease term, deposits, and whether there are defaults. Buyers and lenders rely on it during a property sale or financing to verify lease information.

Why do landlords request it?

Landlords often request an estoppel certificate when selling or refinancing a property. It helps show that the lease is in effect and clarifies what the tenant can claim later about lease terms, disputes, or unpaid obligations.

What should the tenant verify before signing?

Tenants should check the lease and any amendments, confirm rent and additional charges, verify security deposit amounts, and list any landlord obligations that are not complete (like unfinished repairs or tenant improvements). This template includes a section for pending items and disputes.

Is the tenant giving up rights by signing?

An estoppel certificate can limit later claims that conflict with what was certified. Tenants should be accurate and include exceptions where needed. This template provides “to the best of tenant’s knowledge” language to reduce accidental overstatements.

What information is commonly included?

Common items include: lease date, premises, term and options, rent, CAM/operating expenses, security deposit, defaults, concessions, tenant improvement allowances, subleases, and notice addresses.

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