Date: [Date]
This Commercial Tenant Estoppel Certificate (the “Certificate”) is provided by:
Tenant: [Tenant Legal Name]
Landlord: [Landlord Legal Name]
Property/Premises: [Property address + suite/unit] (the “Premises”)
Lease Date: [Lease Date]
Lease Parties: [Landlord name] and [Tenant name]
Recipient (Buyer/Lender) (Optional): [Name] (“Recipient”)
1. Lease Documents
1.1 The lease consists of:
☐ Original lease dated [Date]
☐ Amendments/addenda dated: [Dates]
☐ Other documents: [List]
1.2 To Tenant’s knowledge, the lease documents listed above are true, correct, and in effect, subject to the exceptions in this Certificate (if any).
2. Term and Possession
2.1 Commencement Date: [Date]
2.2 Expiration Date: [Date]
2.3 Renewal/Extension Options (If Any): [Describe options, notice deadlines].
2.4 Tenant is in possession of the Premises: ☐ Yes ☐ No (explain).
3. Rent and Other Charges
3.1 Current Base Rent: $[Amount] per ☐ month ☐ year.
3.2 Additional Charges (If Any): ☐ CAM ☐ operating expenses ☐ taxes ☐ insurance ☐ utilities ☐ other: [List].
3.3 Last Rent Paid Through: [Date].
3.4 Security Deposit Held by Landlord: $[Amount].
3.5 Prepaid Rent (If Any): $[Amount] covering [Period].
3.6 Rent Concessions/Free Rent (If Any): [Describe].
4. Defaults and Disputes
4.1 To Tenant’s knowledge:
☐ Tenant is not in default under the lease.
☐ Landlord is not in default under the lease.
☐ No disputes exist, except: [Describe].
4.2 Notices. Tenant has provided notices of default or claims to Landlord: ☐ No ☐ Yes (describe + dates).
5. Landlord Obligations and Pending Items
5.1 Tenant Improvements/Buildout (If Any):
☐ Completed
☐ Not completed (describe what remains): [List]
5.2 Allowances/Credits (If Any):
TI allowance: $[Amount] ☐ paid ☐ unpaid
Rent credit: $[Amount] ☐ applied ☐ not applied
Other: [List]
5.3 Repairs/Maintenance Promises: ☐ None ☐ Outstanding items: [List].
6. Subleases, Assignments, and Rights
6.1 Tenant has subleased or assigned any portion of the Premises: ☐ No ☐ Yes (describe + attach if needed).
6.2 Tenant has any right of first refusal/offer, purchase option, or expansion right: ☐ No ☐ Yes (describe).
7. Insurance and Compliance (Optional)
7.1 Tenant insurance required by the lease: ☐ In place ☐ Not in place (explain).
7.2 Known violations or claims related to the Premises: ☐ None ☐ Yes (describe).
8. Additional Statements (Optional)
8.1 [Any additional clarifications or exceptions].
9. Reliance
9.1 Tenant understands the Recipient may rely on this Certificate in connection with the sale, transfer, or financing of the Property.
Signatures
Tenant: [Tenant Legal Name]
Name/Title: [Signer Name, Title]
Date: [Date]
Signature: ___________________________
Landlord Acknowledgment (Optional): [Landlord Legal Name]
Name/Title: [Signer Name, Title]
Date: [Date]
Signature: ___________________________