Renting house for a tenant on behalf of his company

[Michael LaBaie]

Hi all,

I used to rent my home on Airbnb and recently received a request from someone interested in renting my house. However, this person is requesting the rental on behalf of his company. (it’s a legit company). the rent is for 8 month and it's all furnished and I wiil cover the utilities myself.

Can I use the same Residential Lease Form for an individual and a company?

I would like to send the lease agreement, but I want to ensure that I am considering all necessary factors.

My questions are:

• Do I need to use a different type of lease agreement?
• The company is paying by check (for insurance purposes), is it common?
• Do they need to obtain a renters insurance to protect their personal property.
• Do I need a proof of insurance from them.
• How do I make sure the company is liable for any damages?

Thank you in advance.

[Kim Meredith Hampton]

@Michael LaBaie

We have done this in the past, but always have an officer of the company sign off in the lease and that xxxx will be the only one residing in the property. Your lease should state that this home is for residential purposes only.

They should be able to pay online from their business account, just like they pay other corporate bills

We require all tenants to have a renters policy and you named as additional insured or additional interest so that you get notified if anything at all gets changed