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Rental Income Assurance: The Smart Solution

Lease your property and let us handle the uncertainties.

With our Rent Guarantee, landlords can enjoy complete peace of mind, knowing they’re covered against rent defaults, property damage, or lease terminations

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Rental Income Protection

In Case of Rent non payment, You’ll be Covered Up to $60,000

Property Damage Protection

Malicious tenant damages up to $10,000 if the tenant fails to pay

Lease Break Protection

Get 30 days of rent paid if your tenant leaves without notice

Selecting the wrong tenant can can lead to significant financial and emotional stress

-$12,000

Average cost of tenant evictions paid by homeowners

-$1,250

Average cost of legal, court filing and bailiff fees for tenancy

6-12 months

Time to evict a tenant (varies by province)

Insure Your Rental Property Investment for Peace of Mind

Tenants might stop paying rent for many reasons like job loss, personal issues, getting sick, or running out of money. No matter the reason, Rent Guarantee has you covered. You won’t have to worry about missing out on rent, paying for legal troubles, or fixing property damage

Rental Income Guarantee

In case of delinquency, we’ll cover up to 12 months’ rent (up to $60,000).

Lease Break Protection

Get 30 days of rent paid if your tenant leaves without notice.

Legal Support & Eviction Resolution

In case of eviction, legal fees are included up to CAD $1,500.

Property Damage Protection

Up to $10,000 if the tenant damages the property.

Documents Needed to Apply for Rent Guarantee

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For New Tenants

New tenants with less than 6 months on the lease are
required to submit the following documents:

  • Tenant credit report or SingleKey Tenant Report
  • Proof of income

For Mid-Lease Tenants

Mid-lease tenants with over 6 months on the lease are
required to submit the following documents:

  • Proof of rent payment for the past few months
  • Tenant credit report or SingleKey Tenant Report
    (optional, but preferred)
  • Proof of income (optional, but preferred)

Getting Qualified for Rent Guarantee

Tenant Requirements

Tenants are qualified to be covered by Rent Guarantee if they have:

  • No bankruptcy or previous eviction on a credit report in the
    past three years
  • At least one employed member in the household
  • A Rent-to-Gross Household Income Ratio not exceeding 45%
  • Tenants will not be assessed based on their credit score

Owner & Property Requirements

Owners can get their property/properties covered by Rent Guarantee if they can provide proof of the following:

  • The property is located in Canada (except Quebec)
  • They have a valid lease signed with a tenant
  • To claim property damage, a move-in
    checklist or pre-inspection pictures
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Pricing

Clear and Transparant

5% of Monthly Rent

When you pay annually

5.5% of Monthly Rent

When you pay monthly

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Found Spaces Property Management Company Is Trusted By Top Investors of Hamilton

Peace of Mind in Rental Property Investment starts here

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FREE Acceler8 Tenant Audit