u/Cultural_Stretch_199

Tenant Estoppel Certificate - Anything to Worry About?

Hi all, we live in an apartment in Koreatown. It’s over a 100 years old, pretty neglected by the landlord. She has refused major repairs for years and is now trying to sell the whole building.

She asked us to sign this “Tenant Estoppel Certificate” so she can move forward with her plans of selling. She said the “new landlord will fix all the issues”.

Can anyone share their experiences with this paper work, is there anything to look out for? What happens if we don’t sign? I could attach a picture.

Our main concern is making sure our buildings needs are met. Despite the issues, it’s spacious, affordable, and special to us. Our neighbours are asking the same questions, wary to sign.

Thanks in advance!

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u/Cultural_Stretch_199 — 4 days ago