Legal Question in Business Law in Florida
President house rental
Is a company (Corp.) allowed to sign a rental contract (under the Company name) for the personal house of the President?
Asked on 2/09/09, 5:52 pm
2 Answers from Attorneys
Sarah Klug
Law Office of Sarah Scova Klug PLLC
Re: President house rental
If the rental is part of the Presiden't perks and/or compensation, then yes the company may do so.
Answered on 2/09/09, 7:03 pm
Re: President house rental
I agree. The company may sign a rental contract for personal use, and the rental enters the cost as benefit for the President
Answered on 2/09/09, 8:45 pm
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