FlexDeposit Description

However, it’s important to ensure that the move doesn't dominate your financial situation. We're introducing a solution that allows you to preserve more of your money. FlexDeposit involves a single nonrefundable charge that functions similarly to a conventional deposit but is significantly more affordable. This innovative option remains valid for the duration of your lease. Furthermore, if you decide to relocate within the same community or to another property managed by the same company, you won't incur an additional fee. Instead of a traditional security deposit, landlords can provide tenants with the choice of making a one-time, non-refundable payment to join the surety bond program. As long as you fulfill your financial and contractual responsibilities at the conclusion of your lease, such as paying rent and keeping the property in good condition, you won't have any further obligations to FlexDeposit. If you fail to meet these lease requirements, you will be required to reimburse FlexDeposit for any losses incurred, up to the limit specified by the bond amount. This provides a flexible and economical approach to managing your rental responsibilities.

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Reviews - 1 Verified Review

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Company Details

Company:
Assurant
Website:
flexdeposit.com/spa/home

Media

FlexDeposit Screenshot 1
FlexDeposit Screenshot 1 FlexDeposit Screenshot 2
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Product Details

Platforms
Web-Based
Customer Support
Business Hours
Online Support

FlexDeposit Features and Options

FlexDeposit User Reviews

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  • Name: Anonymous (Verified)
    Job Title: User
    Length of product use: 2+ Years
    Used How Often?: Yearly
    Role: User
    Organization Size: 20,000 or More
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    FlexDeposit review

    Date: Jan 17 2024

    Summary: Don’t use this this is just a way to take money from you my landlord didn’t explain it to me, she asked me to pay my deposit and after a year where I was gonna move out she was like “leave the apt spotless cause your deposit doesn’t cover any damages, no cleaning, no nothing” then why would they make you pay a deposit that is not gonna protect their property???? They just want your money.

    Positive: I don’t see any pros in doing this or using this method, it says that is a low one time payment but mine was almost one month rent $940 something that I’m not getting back and if I leave and my apartment is dirty it won’t even cover the damn cleaning fee.

    Negative: One time fee non refundable it supposed to be a low fee but mine was more than $900, it doesn’t cover anything on your apt, they don’t give it back so what is this for then?

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