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5 security deposit alternatives to reduce vacancies and attract tenants

Buildium

It’s important to make sure any alternative program you choose complies with your state and local regulations. Less administrative burden: In this case, the surety bond company handles the collection process and, usually, any litigation that arises as a result of disputes. Some areas may limit use.

Tenant 233
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The FTC Lawsuit Against Invitation Homes: What It Means for Property Managers

BetterWho

Impact on business practices: Property managers must reassess their leasing processes to avoid potential litigation. Enhanced Regulatory Scrutiny While Invitation Homes settled for $48 million, property managers of any size could face lawsuits if they are not diligent in adhering to tenant rights.