What is an estoppel certificate?

An estoppel certificate is a document that is signed by a tenant, or other party, to show that the tenant has read and understands the terms of their lease, or other agreement. In the state of Washington, an estoppel certificate is usually required by a landlord or lender when the tenant wants to transfer or assign their lease or mortgage to another individual. An estoppel certificate must contain specific information about the tenant’s lease or agreement, such as the term of the agreement, rent due, any debts or claims, security deposit, insurance, and a description of any encumbrances on the property. The estoppel certificate ensures that the tenant is aware of the exact terms of the agreement and has not been misled into signing any document that does not accurately reflect their intention. In Washington, an estoppel certificate must be signed by both the tenant and the landlord in order to be legally binding. This is to protect the tenant from any misrepresentation of the agreement and to reaffirm their understanding of the document. Estoppel certificates are important documents in property law as they serve to protect both landlord and tenant.

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What is an estoppel certificate?

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