we will pay your rent for life!
Rent Guarantee is a revolutionary new service providing landlords, management companies and investors with a stress free, no-cost, &
ZERO RISK approach to maintaining secure revenue streams with their investment properties.
Prospective tenants who have previously had a hard time with moving into a home due to lack of credit or issues with their criminal history, now have a second option. Rent Guarantee creates a safety net for both parties.
Our mission through Rent Guarantee is to create a new standard of doing business, maximizing profit for our landlords while providing safe alternatives to hard working men and women who simply want to provide a home for their family.
Rent Guarantee takes the guesswork out of leasing. Our #1 function is to bring good quality tenants with motivated landlords to form a beneficial union between the two. Contact us today. 602-499-8000.
looking for a great deal on the beaches of mexico? click here for info
Rent Guarantee Insurance
From Wikipedia, the free encyclopedia
Rent guarantee is a form of insurance where, for a relatively small annual fee, landlords can protect against loss of rent. Normally, 'Landlord Rent Guarantee Insurance' is combined with 'Legal Assistance Insurance' whereby a landlord's legal costs of recovering rent and/or evicting a non-paying tenant are covered.
According to Bagrat Bayburtian, Vice President of Product Solutions for CoreLogic, there are approximately 2.2 million landlord-tenant court cases filed every year (this does not include those disputes that were negotiated by the landlord and tenant outside of court). With an estimated 40 million rental units across the United States, that means 5.5% of all rental units in the U.S. go through a landlord-tenant court action every year.
Generally, the insurance payout starts only after one month. It is usually a condition of such policies that landlords ensure their tenants are
professionally credit-checked before handing over keys. This product was traditionally offered in the UK and has now expanded to the
USA with players such as Lloyd's of London backing companies for the last 3 years.
All companies underwriting such policies in the United Kingdom must be registered by the Financial Services Authority.
Rent Guarantee insurance is different from a Guaranteed Rent , which is a service that manages a residential property in return for a fixed portion of the rent. The owner is paid his share, even if the property is empty or tenants default on the rent: in that sense, it functions as a form of insurance.