5 security deposit alternatives to reduce vacancies and attract tenants
Buildium
JUNE 26, 2025
Instead, it leverages bank-issued lines of credit for each renter and then initiates a draw against the line of credit in the event of damages or unpaid rent. Instead, it’s meant to protect the landlord and the property manager in the event that the tenant doesn’t fulfill their obligations under the lease.
Let's personalize your content