What is a corporate lease?
A corporate lease refers to a lease and tenancy agreement that is signed and entered into by a company, rather than an individual. An employee is then able to occupy the property as a licensee of the tenant. As the official tenant, the company is responsible for all the tenant’s obligations including the payments agreed upon in accordance with the lease.
Can Hemlane support corporate leases?
Yes! Hemlane can support corporate leases, but we would urge you to verify the following information prior to accepting a corporate lease:
- Confirm the rental would be used for residential purposes only.
- Have the interested applicant upload the following:
- Your Dun & Bradstreet number and score
- Years in business
- Assets and any financials you can share
- Insurance
Options for lease preparation (Essential and Complete packages only)
When your rental is on either the Essential and Complete packages, we provide two options for creating the lease. You can check out our options here: How do I prepare the lease agreement?
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