Real Estate Law
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Read the estoppel certificate closely and make sure the information it contains is accurate. It basically sets out the term of your lease and states that neither you nor the landlord are in default, as far as you know.
If it is accurate it is ok to sign.
It means the landlord is either selling or refinancing. The estoppel certificate is a normal and customary part of the process. It may also be a breach of the lease if you refuse to sign it and it is accurate.
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That they do not have to offer you the right to purchase the property for the same terms if they get an offer to sell the property, that you have no right to additional space, no right to terminate the lease before the end of the stated lease term, and no right to purchase the property at pre-agreed terms.
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