In an effort to offer renters more cost-effective options, CTBestApts is pleased to announce that it has partnered with SureDeposit. As an alternative risk management tool that replaces a traditional security deposit, SureDeposit helps protect against financial issues due to lease violations while also lowering a renter’s move-in costs.
“SureDeposit is the market leader in security deposit alternatives and we are excited to offer this cost-effective option to our renters,” said Jason Schlesinger of CTBestApts. “While we will of course continue to offer a traditional security deposit, SureDeposit will provide an alternative that allows renters to hold onto their cash.”
Renters who opt to take advantage of SureDeposit will be issued a financial guarantee bond that replaces conventional security deposits. Instead of paying a full security deposit, SureDeposit offers residents the option of promising to return the unit in good condition and satisfy all rental and financial obligations by paying an affordable, one-time premium for a surety bond.
The surety bond is a written agreement that usually provides for monetary compensation in case the renter fails to meet their lease agreement. The one-time premium payment for the surety bond covers a renter for their entire residency at an apartment community, but if the renter fails to return the apartment in good condition, they are required to reimburse the surety bond.
SureDeposit is available at several Connecticut apartment communities including Hoyt Bedford (Stamford), Morgan Manor (Stamford), The Townhouse (Stamford), Montoya (Branford), Seramonte (Hamden) and Morningside Gardens (Norwalk). For more information on available apartments and CTBestApts’ partnership with SureDeposit, visit www.CTBestApts.com.