Tenant Estoppel Certificate (Pro-Purchaser/Pro-Lender with Pro-Tenant Optional Provisions) (IL) | Practical Law
A tenant's certification of certain material terms of its lease. This Standard Document is drafted from the lender's and purchaser's perspectives in the context of a landlord's financing or sale of the underlying commercial real property in Illinois. This Standard Document has integrated notes with important explanations and drafting and negotiating tips for the tenant.