The Rent Guarantee Program includes:

• Guaranteed rental income for up to 12 months or $60,000 per lease
• Damage protection from malicious tenant damage up to $10,000 per lease
• Legal fees incurred during the eviction process covered up to $2,000
• Automatic Rent Collection via PAD
• 2 FREE Tenant Reports when you pay annually

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 you 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:

• A SingleKey Tenant Screening Report for each tenant
• Recent proof of income in the form of recent pay stubs, bank statements, or an employment letter

Note that a valid signed lease agreement is only required after the Rent Guarantee is approved by our team.

We also recommend that the landlord performs a pre‐inspection report, including images of the property detailing the condition of the unit prior to the tenant moving in. Landlord or home  insurance is also required.

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 50% 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.

The SingleKey Rent Guarantee program is backed by Pensio Global, and is secured by a performance bond issued by global insurers rated A.M. Best A-.