Updated almost 3 years ago on . Most recent reply
Tips on leasing to a company
I might be getting into a lease with an LLC owned by two individuals. This is the first time I would be doing a lease with any kind of business and wondering if anyone has experiences on doing such a lease. What are some clauses I could put in the lease to ensure I can sue the owners directly for non-payment of rent rather than the business? How do I keep verifying the mailing address of the owners in the event I need to serve them an eviction notice? They intend to house their staff, but when not occupied will be letting it out through AirBnb.
Anything to keep in mind?
Most Popular Reply
@Jacob A. I am sure there are legitimate operators wanting to do this but most of the time they have little or no money and so they try to use yours. Check them out at least as thoroughly as you would any other tenant and bear in mind that this is way riskier than renting to a tenant who is making your property their home. Suing people or companies is no picnic whether you win or lose, and just because you win does not mean you will ever see a nickel.