FAQs

RentSURETY provides landlords with an upfront advance of up to 12 months of rental income, backed by the tenant’s lease. The service also includes:

• Tenant verification (credit, income, and rental history)

• Drafting a new 12-month lease agreement

• 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 deducted from the rental advance and varies based on the strength of the tenant and terms of the lease. The quote you receive will clearly outline:

• The net amount disbursed to you

• Any reserve amount held back to cover potential risks (like eviction or early move-out)

• The total cost of the service

You’ll have the opportunity to review and accept these terms before moving forward.

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 and receive another advancement of rent. 

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 advance.

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 $5,000.

• 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.

Reserve funds are held to cover potential risks such as missed rent payments, tenant default, or eviction-related expenses. If the tenant performs as agreed under the lease, any unused reserve funds will be released to you in the 12-month lease term.

Advances requested and approved by the 25th of the month are disbursed shortly after the 1st of the following month. This timing allows us to complete all necessary tenant verifications, lease updates, and account setup before releasing funds.

Yes, you can request a RentSURETY advance at any point during your lease cycle. However, please note that you and your tenant will be required to sign a new 12-month lease agreement as part of the approval process.