5 security deposit alternatives to reduce vacancies and attract tenants
Buildium
JUNE 26, 2025
They’re designed to ease the financial burden on renters while still offering protection for property managers in case of damage or missed rent. You’ll also likely have to have a separate agreement on file outlining your relationship with the third-party provider, as well as the tenants. Some areas may limit use. to 20% of its value.
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