POPULAR QUESTIONS
RentSURETY pays the rent to the landlord for up to 3 months if the tenant stops paying and an eviction is filed. The service also includes:
- Tenant verification (credit, income, and rental history)
- Automated rent collection through Go4Rent.com
- A dedicated Property Assistant to manage tenant-related matters such as lease renewals, HOA notices, and inspections
- Eviction cost coverage (funded from the reserve, if needed)
While RentSURETY covers administrative and tenant-facing services, landlords remain responsible for property repairs and maintenance.
There are no upfront fees to apply. If approved, the cost of the service is paid by the approved tenant.
The tenant’s security deposit is transferred to RentSURETY and held in reserve to help cover potential losses such as eviction-related expenses. If the tenant performs as agreed under the lease, the deposit will be released back to the landlord at the end of the term.
The RentSURETY Agreement expires at the end of the lease agreement. Landlords may request to renew the terms for another year.
Yes, you can—though we may need to update the lease. To qualify for RentSURETY, we require a standardized 12-month lease that aligns with our underwriting criteria. In most cases, this means your tenant may need to complete a lease application and sign a revised lease agreement through Go4Rent.com. Once the updated lease is in place and the tenant is verified, we can proceed with your RentSURETY quote.
You can click here to be taken to the quote page. This is a preliminary quote and is not a binding agreement. Go4Rent must verify the applicant’s employment and rental payment history as well as obtain a background check with a credit report.
No. Some renters with excessive circumstances will not qualify.
To qualify for RentSURETY, tenants must meet the following criteria:
- Income must be at least 3 times the monthly rent and must be verifiable through documentation.
- No evictions within the past 2 years.
- No recent history of late rental payments.
Monthly rent must not exceed $3,500.
- Eligible property types include single-family homes, townhomes, and condos. We do not offer RentSURETY for apartment communities.
- The property must serve as the tenant’s primary residence.
- The home cannot be used for business purposes, such as subleasing individual bedrooms.
RentSURETY is available for select residential properties that meet the following criteria:
The lease must have a minimum term of 12 months.
RentSURETY will pursue legal action against the tenant as well as place a judgement on the tenant’s credit report for missed rent and all legal fees. The reserve fund will be used to offset the eviction related expenses.
Yes. Eviction costs are covered using the reserve fund, so there’s no additional out-of-pocket expense for landlords.
Yes, RentSURETY can be used with tenants who receive housing vouchers; however, eligibility will depend on the specific housing authority’s payment policies and how rent is structured. We’ll still need to verify the tenant’s portion of the rent, payment history, and lease terms. In some cases, a revised lease may be required to meet our program guidelines. Feel free to contact us for a case-by-case review.
Security Deposits are held to cover eviction-related expenses. If the tenant performs as agreed under the lease, the funds will be released to you in the 12-month lease term.
