Ask a Business Lawyer. Get Business Law Questions Answered ASAP.
Hello, I will be assisting you.
What type of rental business are you referring to?
Renting outdoor equipment, such as skis and camping gear.
There are no "national" laws that govern such activities. The Federal Trade Commission does govern "national" activities but it is typically in connection with the prevention of consumer fraud (for example proper disclosures in advertising etc.)
The type of activity you mentioned are governed by the states
I found state requiring business license. but I'm not sure if my business would apply. It's a partnership with four other people and we are just wanting to rent out our own personal outdoor equipment
I understand. Well, as far as national laws there are no regulations so long as you are not providing financing.
okay, thank you for your help.
Thank you allowing me to assist you
Please rate my service
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).