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Updated over 3 years ago,

User Stats

36
Posts
13
Votes
Claire D.
  • New to Real Estate
  • Saint Petersburg, FL
13
Votes |
36
Posts

Do I need an estoppel certificate?

Claire D.
  • New to Real Estate
  • Saint Petersburg, FL
Posted

Situation: I’m closing soon on my first house hack. The house I’ll occupy is empty but there are tenants on a month to month lease in the additional unit. The seller tells me they stopped paying rent, so I plan to not renew their month to month lease (with proper notice) once we close. Do I need an estoppel certificate since the lease is only month to month and I won’t continue it? I’m in Florida if that makes a difference. Thanks for the advice!