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SureDeposit is based on a simple concept: Instead of requiring a full commercial security deposit, tenants are offered the option of paying a low, one time non-refundable payment.

Have More Money for Your Small Business
SureDeposit means your budget goes further: a bigger space, new equipment, more merchandise ... There are literally dozens of better things to do with your money than use it for a security deposit.

Save More. Deposit LESS.
SureDeposit gives you the freedom and flexibility to move into your space with less cash than a traditional commercial security deposit. The cost for this benefit is a one-time, non-refundable payment to enroll in SureDeposit.

With a traditional commercial security deposit, your hard-earned dollars sit with your landlord for the duration of your lease. Now you can use your money to pay down your start up cost (reducing your interest expense), or pay off a loan (improving your ability to purchase more). You can even use that money to make an investment that can provide you with a return. Keep your money where it belongs — with your business.

Because you have better things to do with your money.

One SureDeposit Payment Can Cover a Lifetime

To take advantage of SureDeposit, just read and complete a Bond Enrollment Form when your new lease is approved and pay the one-time non-refundable payment. SureDeposit coverage will begin immediately. With SureDeposit, you only pay once for the life of your tenancy in the current rental place.

No Anxiety Over the Refund
After you pay your last month’s rent and honor the other conditions of your lease, you simply move out without any further obligation. If you have not fulfilled your commitments under the lease, you will be required to reimburse the surety company for damages, loss of rent and related expenses.

Frequently Asked Questions

How do I sign up?
Once you complete the SureDeposit enrollment form and pay the required one-time, non-refundable payment to SureDeposit, you are enrolled when your new lease is approved.

What happens at the end of my lease term if I have honored all of the terms and conditions of my lease?
You simply move out without any further obligations.

What happens upon move-out, if I owe rent or fees, or have caused damage to my space?
If you have not fulfilled your lease obligations you will be required to reimburse SureDeposit for any damages, loss of rent and related expenses, such as legal and collections fees that SureDeposit may have paid on your behalf. If your obligations exceed what SureDeposit has paid on your behalf you may also be required to reimburse the property company for the excess.

How long is the SureDeposit bond in force?
The SureDeposit bond will remain in force for the duration of your tenancy. However, if the property or your unit is sold, the new owner may choose not to keep the bond in force, and you may be required to post a security deposit upon lease renewal in accordance with your lease or applicable landlord/tenant law.

What happens if I move to another space in the same building?
Typically the SureDeposit commercial coverage can move with you to the new unit in the building or any other building your property company has participating in the SureDeposit program. Check with your leasing agent or building manager for your lease specific guidelines.

Are there any other costs for SureDeposit?
No — your one-time payment is all you pay if you have fulfilled your lease obligations.

Do I get my payment back at the end of my lease?
Your payment is non-refundable.

If I do owe fees, rent, or damage expense, can I pay it directly to the Management Company?
Yes. That is the best thing to do. Once the outstanding monies are paid to the management company, no claim will be filed and you will have no obligation to the Surety.

Is SureDeposit right for me?
This is a business decision for you, as only you can determine the importance of freeing up the cash that would have been tied up in a security deposit. Because the payment for SureDeposit is paid only once, the longer you plan on staying in your location, the better the deal is for you.

For more information, contact us at 1.877.277.4811 or email us at clientsupport@assurant.com. You can also visit us at www.suredeposit.com.