What is 'Relative Value' Relative value is a method of determining an asset's value that takes into account the value of similar assets. This is in contrast with absolute value, which looks only at an asset's intrinsic value and does not compare it to other assets.
What is a Tenant Estoppel? What exactly is a tenant estoppel? By definition, an estoppel certificate is a âsigned statement by a party certifying for anotherâs benefit that certain facts are correct, as that a lease exists, that there are no defaults, and that rent is paid to a certain date.
1) Take the time to verify the facts. 1  Confirm the dates, rent and security deposit are correct. 2  Confirm all the documents are listed on the estoppel certificate, not just the original lease. This includes lease amendments and confirmation of lease dates if they exist.