Keep More Money for Yourself
SureDeposit means your budget goes farther: a bigger apartment, a membership to
a health club, new furniture. There are literally dozens of better things to do
with your money than use it for a security deposit.
One SureDeposit Premium Can Last a Long Time
To take advantage of SureDeposit, simply read and complete a Bond Acknowledgment
Form when your new lease is approved and pay the one-time nonrefundable premium.
With SureDeposit, you only pay once for the life of your tenancy. Stay for one year
or fifty years, all for the same one-time payment.
Simplify the Move-Out Process
After you pay your last month's rent and honor the other conditions of your lease,
you simply move out without any further obligation. If you have not fulfilled your
commitments under the lease, we must pay to reimburse the Property Owner and you
(the resident) will be required to reimburse the surety company for damages, loss
of rent and related expenses. For a fuller explanation, please click
Is SureDeposit the right choice for me?
SureDeposit always provides you with the benefit of being able to move into an apartment
for less cash than a security deposit would require. The cost for this benefit is
the one-time, non-refundable premium payment you make to enroll in SureDeposit.
With SureDeposit, you will have the use of a sum of money that otherwise would be
sitting with the landlord for the duration of your tenancy. You can use that money
to pay down your credit card debt (reducing your interest expense) or pay off a
loan (improving your credit). Maybe you can use the money to make an investment
that will provide you with a return. These factors all play into the financial analysis
to determine what is best for you.
In general, the longer you plan to stay in your apartment, the better SureDeposit's
one time premium is for you. If you plan on staying 6 months or less, this is generally
not as economical as a traditional security deposit.