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.
Collateral estoppel, also known as âissue preclusion,â or âestoppel by record,â prevents any party to a lawsuit from asking the court to made a new decision on something that has already been decided in a previous lawsuit involving any of the same parties.