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Updated about 8 hours ago,
Looking for help/advice on leasing to a local company. Thanks.
Hi, I'm looking for some help on creating a lease agreement for a local company that wants an annual lease on our 2/1 duplex (just one side to start off with).
They will be housing their executive chefs that they bring in on contract. So there will most likely be different tenants in/out during the year. The lease will be in the company's name and paid by the company. They will be on an annual lease and pay even if they don't have a tenant in the unit. Their rent will be about 1.5x normal rates.
The unit will be furnished and all utilities will be in our name (power, water/sewer, internet). We will also cover lawncare and pest control.
How do you handle that?
What do you put in the lease to cover yourself in case of excessive utility bills?
Do I charge the normal deposit for furnishings and such? Anything for utilities?
Any advice/tips would be greatly appreciated.
Thanks.