Estoppel

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Definition of 'Estoppel'

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Estoppel is a legal doctrine that prevents a person from asserting a right or a claim that is inconsistent with a previous action or statement. Estoppel is based on the principle that a person should not be allowed to benefit from their own inconsistent actions.

For example, if you sign a contract to sell your house, you cannot later claim that you still own the house. This is because your actions in signing the contract have created an estoppel against you.

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Estoppel can be used to prevent a person from asserting a right or a claim in a variety of situations. For example, estoppel can be used to prevent a person from suing for breach of contract if they have already accepted the benefits of the contract. Estoppel can also be used to prevent a person from suing for fraud if they have already relied on the fraudulent statement.

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Estoppel is a powerful doctrine that can be used to protect a person's rights and interests. However, estoppel is also a complex doctrine with many nuances. It is important to consult with an experienced attorney if you are considering asserting or defending an estoppel claim.

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There are two main types of estoppel: equitable estoppel and promissory estoppel. Equitable estoppel is based on the principle that a person should not be allowed to take advantage of their own inconsistent actions. Promissory estoppel is based on the principle that a person should not be allowed to break a promise that they have made to another person.

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Equitable estoppel is a type of estoppel that is based on the principle that a person should not be allowed to take advantage of their own inconsistent actions. Equitable estoppel can be used to prevent a person from asserting a right or a claim that is inconsistent with a previous action or statement.

For example, if you sign a contract to sell your house, you cannot later claim that you still own the house. This is because your actions in signing the contract have created an estoppel against you.

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Promissory estoppel is a type of estoppel that is based on the principle that a person should not be allowed to break a promise that they have made to another person. Promissory estoppel can be used to prevent a person from asserting a right or a claim that is inconsistent with a promise that they have made.

For example, if you promise to lend someone money, you cannot later refuse to lend them the money. This is because your promise has created an estoppel against you.

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