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.

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Answered on 2/09/09, 7:03 pm
Freda Liu

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

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Answered on 2/09/09, 8:45 pm


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