What document should I get to verify the company exist, and they are the legal representative of the company?
2007-10-03 11:32:55 · 4 answers · asked by laputaoh1 1 in Business & Finance ➔ Renting & Real Estate
You can always ask for their articles of incorporation which should list their company share holders and executives if they have any.
2007-10-03 11:42:37 · answer #1 · answered by Weimaraner Mom 7 · 0⤊ 0⤋
Check their 2 yrs tax returns.
Anyone can start a company and file articles of incorporation......doesn't mean they make money or pay bills.
If its a small family type company I would have the principles to do a regular app in their name.
Problem is that the company goes belly up and file BK there is no 'person' to hold responsible or ding a credit report on.
Also ...... what kind of company.....what do they do ......do they have lots of people coming and going, is the public going to be on your property.......check your insurance because you are taking on a whole lotta responsibility and liability there............ you should require a copy and that they keep current a large liability policy.
What happens if their 'business' in a residential home affects neigborhood? They will come after you.
Is the home zoned for a company to operate out of?
Do your due diligence before you just settle for getting a rent check every month...............you could be bringing alot of liability onto your property.
2007-10-03 13:32:17 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Dun and bradstreet company credit rating
2007-10-03 13:36:50 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Check to make sure they have three months deposit.
2007-10-03 14:20:33 · answer #4 · answered by teran_realtor 7 · 0⤊ 0⤋