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Estoppel is a legal principle that prohibits a person from making a statement that contradicts a previous statement made in a previous court case or transaction.
What is the meaning of estoppel?
Estoppel is a legal principle that prevents a person from arguing something contrary to a claim they previously made or an action they took if it would harm another party who relied on the original statement or action.
What is an example of estoppel?
An example of estoppel would be if a landlord tells a tenant they can pay rent late without consequences, but later tries to evict them for that same late payment. The landlord would be estopped from evicting because the tenant relied on their earlier statement.
What is estoppel in Indian law?
In Indian law, estoppel is governed by Sections 115 to 117 of the Indian Evidence Act, 1872. It prevents a person from denying or contradicting a previous statement or action if another party has relied on it and would suffer harm if the truth were changed.
What is an estoppel statement?
An estoppel statement is a signed document where a person confirms facts about a transaction or relationship, often used in real estate, to prevent future disputes. For example, tenants might sign an estoppel certificate to confirm lease terms.
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