Pensio takes all the risks of renting, and you manage your property.
Get peace-of-mind you deserve with a Pensio lease co-guarantee to make certain rent is paid, malicious tenant damage is covered, and that you are not spending money on legal fees. You should have certainty from your investment.
RENT GUARANTEES FOR LANDLORDS
EASY STEPS TO MAKE RENTING A CERTAINTY FOR LANDLORDS
Day 1 - the landlord registers qualified tenants with Pensio.
Day 60 - the landlord can make demands on the rent and damage guarantee.
Rent Default - the landlord files a rent guarantee demand with supporting document to Pensio for approval.
Eviction - once default demand approved, Pensio eviction team serves eviction notice on tenant.
Day 30 - after the tenant rent default, Pensio pays landlord all current tenant rent arrears.
Rent Guarantee - Pensio will pay defaulted rent monthly following a lease for up to 12 months or up to 90 days after the tenant has been evicted, and the rental unit is vacant.
Eviction - tenant is evicted - rental unit is vacant - Pensio stops making rent guarantee payments after 90 days. Pensio will seek recovery of rents paid from the tenant.
Malicious Tenant Damage Demand - the landlord advises the client within 30 days of the damage event.
File a Claim - the landlords files a claim to recover damages in landlord and tenant court.
Court Order - the landlords obtain a court order requiring the tenant to pay the damage award.
Day 30 - in the event tenant does not pay court order, Pensio will pay court order amount to the landlord and seek recovery from tenant
The Pensio Difference
Pensio is an integrated risk management system for owners, property managers, and tenants. Whichever Pensio program works for you, there is a core principle: the rent is guaranteed. Pensio Pays!