SmartDep - Security Deposit Replacement
SmartDep Security Deposit Replacement is the perfect alternative to a traditional renter's security deposit. Typically new tenants are required to pay an upfront renter's security deposit prior to move-in, offering the landlord protection against damage to the unit and skipped rent. The Security Deposit Replacement plan gives a landlord the same peace of mind without the significant upfront cost of a security deposit for the tenant.
The program provides a landlord with greater protection from property damage and skipped rent than the traditional renter's security deposit and eliminates the hassles, costs and risks of holding a renter's security deposit funds.
- Greater Protection
- Less Hassle
- More Profits
The financial obligations behind this alternative security deposit program are insured through a policy issued by Virginia Surety Company, Inc.
SmartDep - Security Deposit Replacement Program Options
Ask your Sarma account manager about the following alternatives to a traditional renter's security deposit for a customized plan to fit your rental property.
- $1,500 or $3,000 Accidental Damage Protection
- $750 or $1,500 Skipped Rent Protection
- Total Property and Single Unit Options Available
- Mid-Term Option Available - Get Started Right Away
Pet Damage Protection Available