At SingleKey, we understand how important it is to protect your rental income and feel confident in your tenant selection. Our Rent Guarantee Program is designed to offer peace of mind by covering lost rent, legal fees, and damage caused by tenants—provided they meet our eligibility criteria.
Here’s what you need to qualify for the Rent Guarantee Program:
For New Tenants
To register a new tenant under the Rent Guarantee Program, the following documentation and conditions are required:
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No Tenant Evictions or Bankruptcies
The tenant must have no recorded evictions or bankruptcies on their credit report within the last three years. -
Completed Rental Application
A standard rental application must be submitted, along with two forms of government-issued identification. -
Rent-to-Income Ratio
The tenant’s monthly rent must not exceed 50% of their gross household income. -
Recent Credit Report
A current credit report (not older than 30 days) must be provided. -
Proof of Income
This can include recent pay stubs, an employment letter, or bank statements that demonstrate consistent income.
For Existing Tenants (12+ Months of Occupancy)
If your tenant has already been living at the property for more than 12 months, they may still qualify for coverage under these conditions:
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No Current Rent Defaults
The tenant must be in good standing—no missed or unpaid rent at the time of registration. -
No Malicious Damage Claims
There should be no existing, pending, or unresolved claims or orders related to intentional damage caused by the tenant. -
Historical Credit & Income Verification
If available, provide the credit report and proof of income from the time of their original application to the property. -
Valid ID
At least one piece of government-issued identification is required.
If you’re unsure about eligibility or want help with registration, we’re here to assist.
👉 Schedule a call with a Rent Guarantee Specialist here to get personalized guidance and answers to your questions.
Protect your rental property with confidence—apply for the Rent Guarantee Program today.
