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Updated about 8 years ago on . Most recent reply

User Stats

100
Posts
64
Votes
Leo K.
  • Nashville, TN
64
Votes |
100
Posts

Surety Bond - Alternative to Security Deposits

Leo K.
  • Nashville, TN
Posted

Any landlords here that require tenants to obtain a surety bond INSTEAD of a security deposit?

I'd like to collect a "move-in fee" instead of a deposit AND require the tenants to obtain a surety bond (insurance) to ensure that I'm compensated for any lease violations.

SureDeposit offers this sort of coverage however it's only for 100+ unit portfolios.

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