Add or edit a legal entity
Record who collects rent, then complete the bank and verification steps.
On this page
Use the legal details of the person or business that will collect rent.
Step 1: Open the entity form
Open Settings > Rent payments and choose Add new entity. To update an existing record, choose Entity settings and enter your password when asked.
Step 2: Enter the legal details
Complete Legal name and Type. Review Formed in, optional DBA and EIN / TIN. Choose Add entity for a new record, or Save when editing.
Step 3: Set up its payment destination
Open Payment destinations, choose the entity and add the appropriate destination. Complete its secure bank and identity steps, then check readiness.
Step 4: Check the charge routing
Use a ready destination for the lease's legal entity and the charge's purpose. Saving an entity does not automatically route every charge to it.
Check the result
- The saved legal record identifies the collecting person or business; readiness remains separate.
FAQs
Does an entity record enable online payments?
No. Bank setup, verification and collection eligibility must also be complete. Follow the readiness message rather than adding a duplicate entity.
Can I edit the legal details later?
Open Entity settings and complete the password check. Review any further provider requirements after a change.
Does adding an entity issue a 1099-K?
No. Issued tax forms are separate from saved legal details. See the issued tax form guide.
How do I remove an entity?
This guide does not establish a self-service entity removal flow. Contact support before removing a collecting business or changing active routing.