A Lease Deposit Power Guarantee can be used in place of a rent deposit in lieu of cash when renting a property. It covers up to 2 months rent if a tenant fails to pay rent pursuant to the lease agreement between the tenant and landlord.

A Lease Deposit Power Guarantee can be issued to secure most types of residential rental properties with valid lease agreements. Most lease agreements require 1 month's rent security deposit, we can cover up to 2 months rent security deposit.

There is a monthly fee payment required to be paid to us for the term of the lease. The fee varies depending on the tenant, lease agreement, location of the rental residence, and the amount of rent deposit required.