One of my prospective tenants has told me their company will be signing the lease on their behalf and paying the rent. This must be a corporate perk/benefit. This particular tenant is an expat who's been living in a corporate apartment and will be moving his family from overseas and needs a bigger place - this is where my house for rent comes in.
I assume that I will still want/need to run the usual screening on all adult applicants, even though I'm unsure how applicable the results will be since it won't be the tenants paying rent and being expats, their credit and background history may not reveal much as much as usual.
But what else should I consider when signing a lease agreement with a company? Does the lease need to be modified in some way to accommodate the fact that a company is signing the lease?
Any other things I should know or be cautious about?
One thing I can think of: make sure there's language in there about other people who aren't on the lease moving in. Most leases have this already. The situation I'm thinking of: this guy moves in, lives there for 6 months, and then buys a house or gets transferred overseas again and moves out. The company may think that since they're paying the rent, they now have a "free" house to move another employee into, without going through your screening process. The lease should either let you screen the new resident, or allow for you to break the lease and sign a new one with the company after you screen the new tenant.