Corporate leasing

[Carol Lee]

Okey dokie! Just got an email asking if my property will honor corporate leasing.

I have only lease to single family in the past.

What do I need to expect from a corporate lease? What questions should I be asking? Do they generally expect a furnished home?

Thank you ya!

[Bill Gulley]

Her phrasing that is more like you accepting a corporate lease in that the hospital will be paying the lease, not that the lease agreement will be a commercial property lease. That's great, you use your lease agreement and have the individual tenant sign it and then have the hospital's authorized agent (by the way you need to see the authorization) sign that lease as a guarantor. There is some due diligence in seeing that the agent/representative is authorized to execute a lease on behalf of the corporate entity. If the attorney for the hospital is involved use a dash of common sense if they show you the deal. Still, better to have your attorney check it and ask the hospital to take care of the fee to make the lease.

Someone, even a volunteer at some medical building could contact you, get you to lease to some dead beat, sign off on an unauthorized guarantee and you'd be had. Could happen. Doubtful, but could, so check it out. :)

BTW, that could be great!