Sure Deposit Apartments
Suredeposit may be an alternative for you.
Sure deposit apartments. Cambridge apartments is a smoke free community. Tucked away from downtown s hustle and bustle but close to its excitement our one and two bedroom apartments have a relaxing ambiance enhanced by the wealth of enticing on site. Here s how it works. The cost for this benefit is the one time non refundable premium payment you make to enroll in suredeposit.
Under the surety bond suredeposit promises to pay the landlord in the event the resident does not uphold the financial obligations in the lease agreement or return the apartment in good condition. Let s say you are renting an apartment and your landlord gives you the following options for payment before you can move in. The resident is then required to reimburse suredeposit for any damages loss of rent and related expenses that suredeposit paid to your landlord. Also everytime you increase the deposit by 43 75 it increases the bond by 250 00.
Under the surety bond suredeposit promises to pay the landlord in the event the resident does not uphold the financial obligations in the lease agreement or return the apartment in good condition. Suredeposit is the market leader with hundreds of thousands of units under agreement in communities nationwide. Let s say your security deposit is 1 000. 1 000 surety bond.
Surety bond vs security deposit. What if you didn t have to leave that security deposit on the table just to move in. Suredeposit is a risk management tool that enhances traditional security deposits by offering surety bonds to residents. Suredeposit always provides you with the benefit of being able to move into an apartment for less cash than a security deposit would require.
You will typically receive your security deposit back by mail in the form of a check so be sure to notify your property manager or landlord of your new address to ensure a prompt delivery. Sure deposit a risk mitigation tool that provides residents with options. A security deposit is a set amount of money 1 000 that you pay the. Therefore it someone is a little iffy and you would like to get a larger deposit you could ask for a 131 25 sure deposit which is a bond for 750 00 or a 175 00 sure deposit for a bond worth 1000.
Instead of paying the full security deposit you can buy a suredeposit bond for just 175. Nestled among the iconic oak lined streets of north raleigh cambridge apartments is a great choice if you re looking for a comfortable home in raleigh nc. With a suredeposit you will pay a much smaller amount than the traditional deposit in the form of a nonrefundable fee which guarantees that should you leave damage or unpaid rent the suredeposit provider will pay the difference up to an agreed upon amount like a guarantor.