In real estate law, Estoppel is a legal principle that prevents a person from asserting or denying a fact when their prior actions, statements, or representations have led another party to reasonably rely on them. The purpose of estoppel is to promote fairness by holding individuals accountable for the consequences of their conduct.
Estoppel commonly arises in real estate transactions when one party relies on another’s representations regarding ownership, boundaries, leases, or rights in property. When applied, estoppel can bar a party from contradicting earlier statements or behaviors if doing so would harm the party who relied on them.
