SingleKey.com

COVID-19 NOTICE: We continue to offer our Rent Guarantee and Tenant Report service uninterrupted during this time.

Rent Guarantee

That’s Easy, Protects You, On Your Side

Sometimes even the best tenants may have difficulty making rent. Rent Guarantee protects your property and rental income so you can take the risk out of renting.

SingleKey Rent Guarantee for Landlords

Main Benefits

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Guarantee Your Rental Income 

You get paid even when tenants miss their rent payments. Singlekey covers up to 12 months or $60,000 of missed rent payments.

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Protect Against Property Damage

Protect your property with $10,000 of damage protection in the event of vandalism or willful damage by the tenant.

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No More Headaches 

Removing bad tenants is often a stressful and time-consuming process. SingleKey offers unlimited coverage of paralegal costs incurred during the tenant eviction process.

Protect your rental income with SingleKey Rent Guarantee

ADDITIONAL BENEFITS

Unlock stress free renting
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Tenant Credit & Background Check

Fast and easy tenant screening that goes beyond credit scores to include a criminal background checks, social media scans, employment history, income information and more.

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Automatic rent Collection

No more late payments with pre-authorized debit. SingleKey collects your rent and guarantees you get paid on time if tenants fall behind on their payments.

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Delinquency Resolution

Tough tenant? Our paralegal team will deal with bad tenants through mediation or eviction if necessary, saving you time and stress.

HoW IT WORKS

As easy as 1-2-3

  • Screen Your Tenants

    Invite your tenants to apply online and receive a detailed report including an Equifax credit check, income and employment history, criminal records, a social media scan and more.

  • Upgrade and Guarantee your Rent

    Upgrade to the Rent Guarantee program and say goodbye to dealing with missed payments, early termination, tenant evictions and legal fees.

  • Enjoy Hassle-Free Renting

    We will collect your rent and be there every step of the way to ensure that your rent is always paid.

Guarantee your rental income

DON'T JUST TAKE OUR WORD FOR IT

What others
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FAQs

The Rent Guarantee program includes:

– Guaranteed Rental income for up to 12 months or $60,000 per lease
– Damage protection from willful tenant damage up to $10,000 per lease
– Unlimited coverage of Legal Fees incurred during the eviction process
– Automatic Rent Collection via PAD
– Tenant Credit & Background Check

The program fee is 4.99% of the monthly rent, charged monthly.

We can deduct the fee when we process your monthly rent payments (optional) or we can charge your credit card on a monthly basis for the term of the lease. After the initial lease term the Rent Guarantee goes month-to-month and you can cancel by providing 30 days notice.

Since we collect the rent for you, we will know right away if the tenant hasn’t paid and we will take action to contact the tenant and collect the rent. If the tenant is unresponsive, we will continue to pay your rent for up to 12 months while working with our paralegal team to remove the delinquent tenant.

In the case of negligent or wilful property damage by the tenant, please notify us within the next business day and we will be reimbursed up to $10,000 of damages if the tenant refuses to pay.

To start the Rent Guarantee we need the following documents:

1. Credit Report for each tenant – we can help with this

2. Signed lease agreement by the tenant

3. Proof of income in the form of recent Paystubs, T4, Bank statement or Employment Letter

We also recommend that the landlord performs a Pre‐Inspection report, including images of the property detailing the condition of the unit prior to tenant move‐in; as well as proof of property and liability insurance

The good news is that we do not qualify tenants based solely on their credit score. To ensure affordability, we require that the rent cannot exceed 45% of tenant’s gross household-income.

Yes, we can guarantee new and mid-lease tenants. For existing tenants, we simply require confirmation that the tenant has made their past rent payments on time.

Get Started