Posted by Michael Morrongiello on June 10, 1999 at 23:19:21:
Sean:
The instrument does not need to say ESTOPPEL in it. The content however is very important. Essentially you want to have the party being “estopped” to verify balances. interest rates, payment amounts, due dates, and most importanly that the instrument is curent with no defaults, defenses, or offsets to future payments.
I am more than happy to provide you with a sample format.
Michael Morrongiello
Operations Manager
American Note
800-659-2274 x 41
415-883-1284 Fax
MikeM@americannote.com