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Updated almost 2 years ago,

User Stats

2
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0
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Marvin Phelps
  • Investor
  • Nederland, TX
0
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2
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Advice - Residential home leasing to assisted living company?

Marvin Phelps
  • Investor
  • Nederland, TX
Posted

Hi all,

As a newer landlord I wanted to reach out and get some advice on a topic.
 
I have a single dwelling home in Texas that is for rent. I was approached by an assisted living company to lease out. They would put two elderly clients in the home with 24-hour nurse coverage.

My concern is I've never signed a lease to anything other than a family. This raised many questions and I wanted to see if anybody has experience or legal Vice in this field.
 
 Some of the things that I am concerned about include things like:

Since this is a single dwelling home am I allowed to least to a business that puts two roommates inside a home?
 
 Normally I require tenants to carry renters insurance but in this particular place should I require or ask them for some type of additional insurance?
 
 If I put them on a general lease that I use for all other properties would this be enough?
 
 Would I be responsible for making things handicap accessible due to the circumstances?
 
 As you can tell I'm a bit skeptical basically any insight would be greatly appreciated.

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