April 01, 2019

A Commercial Form You May Not Know About

April 01, 2019 Selling a commercial property with existing tenants? Delivery of estoppel certificates may be a requirement of a seller under a contract to sell. If so, consider using the Commercial Tenant Estoppel Certificate (TXR 1938). This form is designed to be completed by a tenant occupying co
Background

April 01, 2019

Selling a commercial property with existing tenants? Delivery of estoppel certificates may be a requirement of a seller under a contract to sell. If so, consider using the Commercial Tenant Estoppel Certificate (TXR 1938).

This form is designed to be completed by a tenant occupying commercial space. The tenant certifies that the statements in the certificate are true. Statements in the certificate refer to matters such as the lease term, current rent, any breaches, and other rights or obligations of the tenant under the lease.

The certificate is typically delivered to a buyer, lender, or prospective lender of the property.

This is just one of more than 130 forms available only to members of Texas REALTORS®. Find them all at texasrealestate.com/realtorforms.