An estoppel letter is a written statement of what is actually owed and agreed, given by the party in a position to know and binding on them afterward. In a condominium or homeowners association sale it states the balance, the assessments and any special assessment; from a tenant it confirms the rent, the term and the deposit the landlord claims.
- It converts a claim into a commitment. Once issued, the association or tenant cannot later assert a different number for that period.
- Request it early. The statutory window is measured in business days and it runs against the closing date, not with it.
- A tenant estoppel is the check on the rent roll. Where they disagree, the tenant's copy of the lease usually wins the argument.
- Fee caps are set by statute and adjusted periodically. Confirm the current amounts rather than quoting a number from a past closing.
A condominium estoppel, at the caps in force in August 2026. The amounts are statutory and get adjusted, so confirm them before quoting them.
The ceiling and the clock belong to the statute. How fast a management company notices the request does not, which is why it goes out the day the contract is signed.
The window and the fee ceilings are statutory, and the Department of Business and Professional Regulation adjusts the amounts periodically. The current text is here: Section 718.116, Florida Statutes
Related terms
All termsTitle Commitment
A title commitment is the title insurer's written statement of the policy it will issue, and on what conditions.
OwnershipRent Roll
A rent roll is the schedule of every unit in a building and what it earns: the tenant, the rent, the lease start and end, the deposit held, and whether the unit is occupied.
ClosingEffective Date
The effective date is the day a contract becomes binding: when the last party signs or initials the final offer and that signed contract is delivered back.
Terms arrive with the writing.
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