We believe Zero Deposit is truly a transformative, revolutionary development. By eliminating security deposits, we stand to increase our conversions, better protect our apartment homes and even enhance our online reputation.
Today’s lease transaction is broken. Security deposits, surety bonds and guarantors frustrate renters and offer weak protection for property owners.
No more drawn-out approvals, expensive deposits or damage disputes. Zero Deposit creates a painless move-in for renters — and more leases for you.
Better Online Reviews
LeaseLock insures the property for missed rent and damages, plus an automatic lease payout for utilities and other costs. Renters pay a fee starting at $19/mo and your coverage is multiplied — eliminating bad debt.
Deposits / Bonds
LeaseLock runs natively through all major leasing platforms. No separate application or billing process required. File claims with a simple click of a button.
Stop wasting resources collecting, managing and refunding deposits. With LeaseLock you’ll simplify admin, slash debt and unlock new income streams.
Cut Admin Costs
Reduce Bad Debt
"We’re seeing some good success with lower cancellation rates because of the lease insurance offering. It’s helping us bring in quality residents we otherwise would have lost."
"We have seen an increase of 10 to 20 leads per property with Zero Deposit marketing. It is already tremendously improving our ability to drive more prospects and, in turn, convert more leases by making the move-in process more affordable."
"By eliminating security deposits and replacing them with a monthly fee, we are removing a financial burden for our residents allowing them to address other important expenses in their lives."