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Estoppel Certificates

Dickinson Wright

Leveraging Tenant Estoppel Certificates in Commercial Real Estate Deals

Dickinson Wright on

In evaluating the feasibility and profitability of a potential investment, it’s crucial for a prudent buyer to conduct a comprehensive review of all property leases. Such an examination allows the buyer to verify the...more

Roetzel & Andress

Increase in the Fees Charged for Estoppel Certificates

Roetzel & Andress on

In accordance with Florida Statutes 718.116, 719.108 and 720.30851, fees for estoppel certificates shall be adjusted every five (5) years in an amount equal to the total of the annual increases for that 5-year period in the...more

Shumaker, Loop & Kendrick, LLP

DBPR Increases Association Estoppel Certificate Fees

The Florida Department of Business and Professional Regulation (DBPR) released the first five-year adjustment to Estoppel Certificate Fees permitted under Section 718.116(8)(f), Florida Statutes, of the Condominium Act and...more

Cole Schotz

Beware Of Use Of Estoppel As A Shield In Commercial Real Estate

Cole Schotz on

The New Jersey Appellate Division case of Commerce Limited Partnership, Plaintiff-Appellant v. Edison Furniture, LLC, Defendant-Respondent, 2020 WL 820338, is a cautionary tale on the use of estoppel certificates. Although...more

Miller Starr Regalia

Landlord Leasing Fraud: The Orozco Case And Its Implications For Leasing Lawyers And Their Clients

Miller Starr Regalia on

If a tenant receives a verbal assurance from a landlord while negotiating a lease, and the assurance is not written in the lease, does the tenant have any recourse if the assurance turns out to be false? ...more

Snell & Wilmer

Estoppel Certificate? Estop and Check Your Lease

Snell & Wilmer on

If you are leasing space in a building, there may come a time when you receive a request from your landlord to fill out and sign an estoppel certificate. Estoppel certificates are usually sent to tenants in connection with...more

Shumaker, Loop & Kendrick, LLP

Client Alert Update: Community Associations’ Estoppel Certificates

On June 14, 2017, Governor Scott signed Senate Bill 398, enacting it into law. The law, which goes into effect on July 1, 2017, amends sections 718.116, 720.30851, and 719.108, Florida Statutes, regarding condominium,...more

Bilzin Sumberg

The 2017 Fla. Legislature Returns To CondoLand

Bilzin Sumberg on

Once again, after a one-year hiatus, the Florida Legislature has produced several condominium bills. Typically, the Legislature passes a single condominium bill into which other approved bills have been merged. ...more

Shumaker, Loop & Kendrick, LLP

What Information Is My Community Association Required to Provide in Relation to Sales of Units?

During transfers of properties in condominiums or other planned communities, community associations are frequently contacted by prospective buyers, lenders or realtors with requests for information pertinent to the transfer....more

Buchalter

Estoppel Certificates: Achieving Certainty

Buchalter on

In most every acquisition of a commercial property, the prospective buyer (and the prospective buyer’s lender) will require that the property’s tenants execute an instrument confirming various terms of their respective...more

Stoel Rives LLP

Idaho Real Estate & Development Law Update: Lease Not Modified by Estoppel Certificate or by Long Failure to Exercise Rights

Stoel Rives LLP on

In the case of Pocatello Hospital v. Quail Ridge Medical Investor released August 1, 2014, the Idaho Supreme Court covered some new ground and revisited some old ground in ruling that a lease was not modified implicitly by...more

Troutman Pepper

Worth A Second Glance: Boilerplate Provisions In Commercial Leases

Troutman Pepper on

Landlords and tenants pay much time and attention to the basic economic terms of a lease as well as other highly contested provisions, such as assignment and subletting and defaults and remedies. But parties often skim over...more

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