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General Landlording & Rental Properties

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Adrian M
  • Investor
  • Los Angeles, CA
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Pros / Cons to using Company Name on Lease Agreement

Adrian M
  • Investor
  • Los Angeles, CA
Posted Sep 5 2013, 15:01

Hi,

I'm considering the use of my Company Name (LLC Name) on my Lease Agreements (as opposed to my Personal Name). I think this will imply more formality. For example, I just denied a Rental Application (due to Accounts in Collections and Criminal Activity). The Applicant is trying to contact me to explain his case (justify the negative information). I replied by stating that my company has strict guidelines for accepting Rental Applications. My theory is that Tenants, and in this case, Potential Tenants, will consider policies (and guidelines) more formal, if they are dealing with a company (as opposed to an individual).

I would really appreciate some advice on the pros / cons of using my Company Name (LLC Name) on future Lease Agreements (and related documents).

Thank you for your time!!

-Adrian

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