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TXR 1938 — Commercial Tenant Estoppel Certificate

A tenant-signed certificate used in commercial real estate transactions that verifies the key terms and current status of an existing commercial lease. The tenant certifies that neither party is in default, the base monthly rent schedule through the end of the lease, current additional charges, the next rent due date, any rent paid more than 30 days in advance, the security deposit, any claim of offset, the lease expiration, renewal / expansion options, any right of first refusal or purchase option, acceptance and possession of the premises, no ownership interest, and any other matters — and names the prospective buyer or lender who will rely on it. Signed for the tenant by an authorized signer (By / Printed Name / Title).

Source: TXR
Form Number: 1938
Category: Other
Revised: January 26, 2010

Used For

Commercial Sales, COMMERCIAL_LEASING

Form Outline

The TXR 1938 form is organized into the following sections:

  1. A. Lease Identification
    "This estoppel certificate concerns the lease described below:" — Landlord, Tenant, Leased Premises and Commencement Date of Lease, one rule each.
  2. B. Tenant Certifies That
    Thirteen certifications made by the Tenant. (1) neither Landlord nor Tenant is in default, (11) Tenant has accepted and is in possession of the premises and all improvements have been made, and (12) Tenant has no ownership interest in the property are printed statements with no blank; the rest have blanks. The tenant answers this section.
  3. Delivery
    "Tenant understands that this certificate will be delivered to ___ and that this party(ies) is relying on the representations in this certificate."
  4. Tenant Execution
    The execution block: "Tenant: ___ Date: ___", "By: (signature) ___", "Printed Name: ___", "Title: ___". The signature rule and the Date are e-sign tabs; the Tenant name, Printed Name and Title are typed.

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