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Updated over 2 years ago on . Most recent reply

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Brian Rudd
  • Contractor
  • Moab, UT
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Business entity as tenant

Brian Rudd
  • Contractor
  • Moab, UT
Posted

Hi, 

Writing up a lease agreement for a duplex. Tenant would be a Hotel/Dev Company and they will house their employees. What should I include or consider in the lease agreement beyond a standard lease? What should I be wary of ? Thx!

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Richard F.#1 Tenant Screening Contributor
  • Property Manager
  • Honolulu, HI
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Richard F.#1 Tenant Screening Contributor
  • Property Manager
  • Honolulu, HI
Replied
Aloha,

Are they renting one side or both sides of the duplex? Regardless, I would specify "Quiet Hours 10 PM - 8 AM Daily" to keep peace in the neighborhood, and absolutely require a separate "Personal Guaranty" from a LOCAL manager of the company for rent and damages (with the appropriate ID and background check, of course). If it is a Corporate entity, you also need a copy of their Corporate Resolution authorizing the expenditure/rental agreement.

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