USING LEASEGUARANTEE AS A SAFETY NET LeaseGuarantee fills the deposit gap by acting as a financial safety net when no guarantor is available. Instead of pursuing former tenants, you receive reimbursement for covered losses up to your LeaseGuarantee protection amount. Protection amounts range from $1,000 to $10,000 and can reimburse for missed rent, damages, and certain legal fees. Most AAOA tenant screening packages include a free LeaseGuarantee Analyzer, which helps you evaluate risk before approving an applicant. LeaseGuarantee starts as low as $199 per year for $1,000 of protection, with options up to $10,000, and can be purchased by you or the applicant. LeaseGuarantee includes all individuals on the lease agreement for 12 months and is renewable. With LeaseGuarantee as your protection, you can reduce or eliminate the deposit or need for a cosigner. For landlords, that changes the equation. You’re no longer limited to the amount of the deposit or dependent on a third party to guarantee the lease.
LEASEGUARANTEE FILLS THE DEPOSIT GAP BY ACTING AS A FINANCIAL SAFETY NET WHEN NO GUARANTOR IS AVAILABLE.
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