The Rent Defend Guarantee process works because it is simple. All perspective tenants fill in our quick application form, and we will give them a decision in minutes if they qualify.
Once Rent Defend receives the application, your clients can often qualify for a guarantee typically within minutes, excluding weekends and holidays. Your client will then receive a Certificate of Rental Guarantor that can be shown to prospective landlords during the property search. Full approval and issuance of the Rent Guarantee is subject to verification of application information and reference checks.
When it's time for your clients who have qualified to sign a tenancy agreement, they pay Rent Defend a one-time fee. Upon receipt of the fee, we are able to return a signed Guarantor form.
Although landlords still need to evaluate multiple risks associated with each renter, the Rent Defend Rent Guarantee eliminates the risk of rent loss. Instead of chasing after many different individual guarantors, landlords will have the security of dealing with a single, trusted Canadian company.
Real Estate Agents who accept the Rent Defend Guarantor scheme can benefit from increased financial security and rental occupancy. The scheme also enables Real Estate Agents to close more leases by using the Rent Defend Guarantor scheme to ensure more prospective tenants are able to rent and place holding deposits.
Never turn away potential tenants because they do not have a Canadian guarantor, or lose customers to your competitors. You will no longer need to put off potential tenants by requesting multiple months rent in advance.
Spend more of your time showing a greater selection of properties to a larger pool of qualified renters, rather than helping clients who in the end are unable to rent as they cannot provide a Canadian guarantor or fail a tenant referencing check.
Accelerate and streamline the rental process for individuals, especially those who are not Canadian citizens and who are relocating from abroad
We check each international student tenant, ensuring they are registered at university and have the visa to study in the Canada. We also sign a legal contract with their parents to ensure that they act as guarantor for us should the tenant default on payment.
By becoming a member to The Guarantor Scheme, you will be eligible for our International housing service. This provides you with a wide range of benefits, including providing you access to thousands of prospective tenants as part of our relationships across Canada.
Register as a Rent Defend partner today to begin receiving high quality leads that already have a Canadian Guarantor.
In addition, rent loss is eliminated, and the rental process is streamlined for you, prospective tenants, and letting agents, all at no cost to you.
Landlords