Estoppel Certificate (Canada)

Certificate given by the tenant of a property to the landlord's mortgage lender confirming various aspects relating to the status of the lease.

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Certificate given by the tenant of a property to the landlord's mortgage lender confirming various aspects relating to the status of the lease including: i) term of lease; ii) size of leased premises; iii) base rent, etc.

This form can be used in the following provinces: Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Saskatchewan and Yukon.
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
 
 
Estoppel Certificate

 

 

 
TO:      Name of Landlord's Mortgage Lender (the "Mortgagee")
 
AND TO:   Name of Landlord (the "Landlord")
 
RE:      Tenancy at Brief Address of Leased Premised (the "Leased Premises");
 
 
The Undersigned (the "Tenant"), as tenant under a lease dated Date of Lease (the "Lease") between the Landlord and the Tenant respecting the Leased Premises, hereby certifies to the Mortgagee and the Landlord and acknowledges that The Mortgagee and the Landlord are relying upon the following in connection with the Leased Premises:
 
1.   The term of the lease commenced on Commencement Date of Lease Term (as in Lease), and terminates on Termination Date of Lease Term (as in Lease).
 
2.   The Tenant is in possession of the Leased Premises in accordance with terms of the Lease. The Leased Premises are comprised of Size of Leased Premises (in square feet) square feet.
 
3.   The Lease has not been altered or amended since its execution and is in full force and effect.
 
4.   The minimum or base rent is presently Monthly Minimum or Base Rent (ie. $2,500.00 per month) per month and all rent has been paid to date in accordance with the terms of the Lease.
 
5.   The amount of prepaid rent or security deposit currently held by the Landlord is amount of prepaid rent or security deposit currently held by the Landlord.
 
6.   The Tenant is not claiming any deduction, abatement or set-off of any rent payable, nor any counterclaim or defence against the enforcement of its obligations to be performed under the Lease.
 
7.   There is no existing default or breach of the Lease on the part of the Landlord of which the Tenant has notice.
 
8.   There is no agreement between the Tenant and the Landlord, other than that contained in the Lease, pertaining to the obligations of the Landlord and the rights of the Tenant relating to the use and occupation of the Leased Premises or the Property by the Tenant.
 
9.   The Tenant acknowledges that the Landlord has assigned the Lease and the rents payable thereunder to the Mortgagee as collateral security for a loan from the Mortgagee to the Landlord, that the Tenant is to continue to make rental and other payments to the Landlord in accordance with the Lease until the Tenant is notified to the contrary by the Mortgagee, and that it has received no notice of any other assignment of the Lease or the rents payable thereunder expect as herein contained.
 
10.   The Tenant further acknowledges that the Tenant will, if possession is taken under, or any proceedings are brought for possession under or the foreclosure of, or in the event of the exercise of the power of sale under, the mortgage loan security, attorn to the Mortgagee, its assignee or the purchaser upon any such foreclosure, sale or other proceeding and will recognize the Mortgagee, its assignee, or the purchaser as the landlord under the Lease, provided that the Mortgagee, its assignee or the purchaser, as the case may be, agrees not to disturb the Tenant's possession under the Lease as long as the Tenant performs its obligations thereunder and hereunder.
 
 
DATED:                
 
 
 
 
 
 
 
 
 
Tenant
 
Number of Pages4
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#28695
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
 
 
Estoppel Certificate

 

 

 
TO:      Name of Landlord's Mortgage Lender (the "Mortgagee")
 
AND TO:   Name of Landlord (the "Landlord")
 
RE:      Tenancy at Brief Address of Leased Premised (the "Leased Premises");
 
 
The Undersigned (the "Tenant"), as tenant under a lease dated Date of Lease (the "Lease") between the Landlord and the Tenant respecting the Leased Premises, hereby certifies to the Mortgagee and the Landlord and acknowledges that The Mortgagee and the Landlord are relying upon the following in connection with the Leased Premises:
 
1.   The term of the lease commenced on Commencement Date of Lease Term (as in Lease), and terminates on Termination Date of Lease Term (as in Lease).
 
2.   The Tenant is in possession of the Leased Premises in accordance with terms of the Lease. The Leased Premises are comprised of Size of Leased Premises (in square feet) square feet.
 
3.   The Lease has not been altered or amended since its execution and is in full force and effect.
 
4.   The minimum or base rent is presently Monthly Minimum or Base Rent (ie. $2,500.00 per month) per month and all rent has been paid to date in accordance with the terms of the Lease.
 
5.   The amount of prepaid rent or security deposit currently held by the Landlord is amount of prepaid rent or security deposit currently held by the Landlord.
 
6.   The Tenant is not claiming any deduction, abatement or set-off of any rent payable, nor any counterclaim or defence against the enforcement of its obligations to be performed under the Lease.
 
7.   There is no existing default or breach of the Lease on the part of the Landlord of which the Tenant has notice.
 
8.   There is no agreement between the Tenant and the Landlord, other than that contained in the Lease, pertaining to the obligations of the Landlord and the rights of the Tenant relating to the use and occupation of the Leased Premises or the Property by the Tenant.
 
9.   The Tenant acknowledges that the Landlord has assigned the Lease and the rents payable thereunder to the Mortgagee as collateral security for a loan from the Mortgagee to the Landlord, that the Tenant is to continue to make rental and other payments to the Landlord in accordance with the Lease until the Tenant is notified to the contrary by the Mortgagee, and that it has received no notice of any other assignment of the Lease or the rents payable thereunder expect as herein contained.
 
10.   The Tenant further acknowledges that the Tenant will, if possession is taken under, or any proceedings are brought for possession under or the foreclosure of, or in the event of the exercise of the power of sale under, the mortgage loan security, attorn to the Mortgagee, its assignee or the purchaser upon any such foreclosure, sale or other proceeding and will recognize the Mortgagee, its assignee, or the purchaser as the landlord under the Lease, provided that the Mortgagee, its assignee or the purchaser, as the case may be, agrees not to disturb the Tenant's possession under the Lease as long as the Tenant performs its obligations thereunder and hereunder.
 
 
DATED:                
 
 
 
 
 
 
 
 
 
Tenant
 

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