{"id":95,"date":"2009-04-13T08:33:49","date_gmt":"2009-04-13T12:33:49","guid":{"rendered":"http:\/\/www.dev.atiqbd.com\/can-an-individual-lease-real-property-to-a-partnership-while-also-a-member-of-that-partnership\/"},"modified":"2009-04-13T08:33:49","modified_gmt":"2009-04-13T12:33:49","slug":"can-individual-lease-property-to-partnership-while-a-member","status":"publish","type":"post","link":"https:\/\/www.standardlegal.com\/blog\/can-individual-lease-property-to-partnership-while-a-member","title":{"rendered":"Can an Individual Lease Property to a Partnership While Also a Member of that Partnership?"},"content":{"rendered":"<p>Yes, an individual can enter into a lease agreement with a Partnership and also be a member of that Partnership.\u00a0 But be aware that one particular issue may arise and needs to be covered in one of the legal documents relevant to this set up.<!--more--><\/p>\n<p>The person that is the Lessor will also be a Lessee, since partners generally have personal liability for the debts and obligations of the Partnership.\u00a0 Should the Partnership default on the lease, the Lessor may be required to seek recourse against the partnership, which would include potential claims against himself.<\/p>\n<p>Thus, the Partnership Agreement or the Lease Agreement may need to be drafted to address this specific situation.<\/p>\n<p>Details on Standard Legal software for each of these particular titles may be found here:<\/p>\n<p><a title=\"Business Partnership software from Standard Legal\" href=\"http:\/\/www.standardlegal.com\/Business-Partnership.html\">General Business Partnership Agreement legal forms software<\/a><\/p>\n<p><a title=\"Lease Agreements software from Standard Legal\" href=\"http:\/\/www.standardlegal.com\/Lease-Agreements.html\">Lease and Rental Agreements legal forms software<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yes, an individual can enter into a lease agreement with a Partnership and also be a member of that Partnership.\u00a0 But be aware that one particular issue may arise and needs to be covered in one of the legal documents relevant to this set up.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,13],"tags":[],"class_list":["post-95","post","type-post","status-publish","format-standard","hentry","category-business-partnership-questions","category-lease-agreement-questions"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Can an Individual Lease Property to a Partnership While Also a Member of that Partnership? - Ask Standard Legal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.standardlegal.com\/blog\/can-individual-lease-property-to-partnership-while-a-member\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Can an Individual Lease Property to a Partnership While Also a Member of that Partnership? - Ask Standard Legal\" \/>\n<meta property=\"og:description\" content=\"Yes, an individual can enter into a lease agreement with a Partnership and also be a member of that Partnership.\u00a0 But be aware that one particular issue may arise and needs to be covered in one of the legal documents relevant to this set up.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.standardlegal.com\/blog\/can-individual-lease-property-to-partnership-while-a-member\" \/>\n<meta property=\"og:site_name\" content=\"Ask Standard Legal\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/StandardLegalSoftware\" \/>\n<meta property=\"article:published_time\" content=\"2009-04-13T12:33:49+00:00\" \/>\n<meta name=\"author\" content=\"Standard Legal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@StandardLegal\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Standard Legal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/can-individual-lease-property-to-partnership-while-a-member#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/can-individual-lease-property-to-partnership-while-a-member\"},\"author\":{\"name\":\"Standard Legal\",\"@id\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/#\\\/schema\\\/person\\\/d43d72c05d7716823188aa03d9f96525\"},\"headline\":\"Can an Individual Lease Property to a Partnership While Also a Member of that Partnership?\",\"datePublished\":\"2009-04-13T12:33:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/can-individual-lease-property-to-partnership-while-a-member\"},\"wordCount\":157,\"publisher\":{\"@id\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/#organization\"},\"articleSection\":[\"Business Partnership Questions\",\"Lease Agreement Questions\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/can-individual-lease-property-to-partnership-while-a-member\",\"url\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/can-individual-lease-property-to-partnership-while-a-member\",\"name\":\"Can an Individual Lease Property to a Partnership While Also a Member of that Partnership? 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