I am in the process adopting Frank & Dave’s rent credit program for my Park. I am reviewing through their paperwork from the latest boot camp and attempting to adapt it to my situation.
My question is: if the entity that owns the park and the entity that owns and rents the homes is different do I use two rental agreements? One for the lot lease and one for the rental of the home since they will be paid two different entities? Their paperwork has the home and lot lease agreement as a single document. If the whole payment is made to the park entity does that entity then pay the home lease amount to the entity that owns the homes? If so, does there need to be an agreement between the two?
Many thanks â€“ Tim King