An estoppel letter (aka estoppel certificate) confirms facts, such as that a lease exists and that rent has been paid on a certain date, and that the terms of that agreement have not been modified. They can also be issued by a condo association or HOA to confirm information about contributions, payment schedules, or any unpaid fees if applicable.
Despite a scary name, estoppel exists for a simple reason: to confirm the status of a given agreement so the facts are clear.
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