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Updated about 2 years ago on . Most recent reply

User Stats

89
Posts
29
Votes
Katherine Earle
  • Rental Property Investor
  • Hart, MI
29
Votes |
89
Posts

Getting Estoppel Certificates Signed

Katherine Earle
  • Rental Property Investor
  • Hart, MI
Posted

I have a great 4-unit under contract with 3 units currently rented and I have asked for a copy of all of the leases and 12 months of bank statements. Instead, the 80 year old woman looking to retire has been living off of the income and could only provide her paper rent receipts and hand written income statement. I didn’t require an estoppel certificate in the PA. Do I give 4 blank ones to the listing agent and tell the seller to have the tenants sign it or the listing agent or go to the tenants myself? How do I encourage them to sign them and get it back to me? Since this is residential, I don’t get the impression that this is a normal request.

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