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Updated almost 4 years ago, 03/19/2021

User Stats

16
Posts
1
Votes
Frank Rizzo
1
Votes |
16
Posts

How to have a business sign a residential lease

Frank Rizzo
Posted

Hi, 

I found a potential tenant who has an arrangement with their employer that the company will pay his rent as part of his compensation package. I spoke to the owner, he is willing to have the company co-sign to make sure they are on the hook for the rent. But, Just because there is an LLC doesn't mean they pay their bills. My question is, how do i qualify the company and prove they are trustworthy. Also, who should be on the lease, both the business and the tenant? any advice on how to structure this?

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