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Commercial Tenant Estoppel Certificate Template

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Commercial Tenant Estoppel Certificate Template

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Commercial Tenant Estoppel Certificate Template


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: ___________________________

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Easy-to-understand jargon

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Details

Learn more about

Commercial Tenant Estoppel Certificate Template

Click below for detailed info on the template.
For quick answers, scroll below to see the FAQ.

Click below for detailed info on the template.
For quick answers, scroll below to see the FAQ.

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.


What is AI Lawyer?

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