tenant wants to rent house under business : ezLandlordForms

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Karen S

started a topic over 9 years ago

We have an applicant who is not a US citizen that wants to rent one of our houses through their business. They have lived locally for the last 2 yr. and I know that the business is legitimate. Is that legal and how would it be done? What to I do for the background and financial check?

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Richard W

said over 9 years ago

It has been done before and is legal, a business would act very similarly to an individual. You would need to do a commercial background check and might want to do a check on the individuals as well. If they default the company would be held responsible. Make sure to collect all official company info and business license. Also you would want to write the lease so they cannot operate the business out of the house unless it is something that you agree upon.

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Melani R

said over 1 year ago

When a tenant wants to rent a house under a business arrangement, it can bring both advantages and considerations. Renting a house for business purposes allows individuals to establish a professional setting without the need for a dedicated office space. It provides flexibility and the convenience of working from home. However, there are several factors to consider, such as zoning regulations, insurance requirements, and potential wear and tear on the property. Landlords should review the tenant's business plans, ensure compliance with local laws, and draft a clear lease agreement that outlines the responsibilities and expectations of both parties involved.