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Updated almost 8 years ago,
Adding a tenant's employer to an existing lease
The tenant in a condo I own just moved in and signed the lease a couple weeks ago. Now he has informed me that his employer will be paying a portion of the rent and they want to be added to the lease for tax reasons. There are a lot of rental scams in my area, many involving "companies" that rent for employees (I won't go into all the stories I've heard) so I want to be sure I'm covering all my bases here.
Do I just add the company name to the lease he already signed and have them sign it? Do I have them first fill out an application? How can I ensure that the person signing the lease has the authority to do so on behalf of the company so that it is legally binding?
One of my concerns is I don't want to give the company any rights to have anyone else living in the condo other than the guy I rented to.
Thanks in advance for any help you can offer!