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.
SAMPLE TENANT ESTOPPEL CERTIFICATE (BLANK FORM) The purpose of this certificate (herein after called the ^Estoppel Certificate_) is to confirm the current status of. the matters pertaining to the Lease set forth below by and between KMC Real Estate Investment Trust, a California. Corporation (Landlord/Lessor) and Bugs Bunny, LLC, a Florida Limited Liability Company (Tenant/Lessee).