Company Let Agreement
Use this specialist agreement when the tenant of your property is a company rather than an individual. It's crucial to use the correct agreement as standard AST regulations do not apply.
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Important Considerations for Company Lets
Protecting Yourself as a Landlord
Please Note:
The Housing Act regulations and Tenancy Deposit Legislation do not apply to company lets. This makes thorough checks and a strong agreement essential.
To protect yourself in case the company goes bankrupt, it’s crucial to perform a thorough credit check before renting. Since you’ll be acting as an unsecured creditor in such a scenario, it’s essential to ensure that you have a reliable guarantor.
To obtain a guarantor, you can either select the director of the company or opt for a third-party guarantor. Ensuring a solid guarantor will go a long way in safeguarding your interests.
Agreement Clauses Included:
- Landlord
- Tenant
- Property
- Inventory
- Rent
- Payment
- Deposit
- The Agreement
- Tenant’s Obligations
- Landlord’s Obligations
- Signature of the Parties