Lease Units Faster and Protect Your Profits
Security and Pet Deposits are a roadblock to leasing, and there’s never enough deposit on hand to cover the cost of renter balances at move-out.
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Unlock the Benefits
Screening
Approve applicants instantly with credit, eviction and criminal checks
Real-Time ID & Income Verification
Accelerate your leasing process by assessing applicant identity and income from the true data sources in real-time
Document Fraud Detection
Identify fraudulent documents with an AI-enabled fraud detection engine that detects tampered documents
Remove Leasing Roadblocks
Facilitate quicker move-ins through a subscription model pricing approach, favored by renters over upfront expenses
Risk Reduction
Remove deposit related resident complaints, deposit management burden and costly legal and compliance risk
NOI Protection
Get the renters you want while offsetting the risk of bad debt caused by unpaid balances at move out
What is Zero Deposit™?
Traditional deposits are insufficient when covering the costs properties face from unpaid charges and damages beyond wear and tear at move-out. Zero Deposit™ lease insurance notably improves cash flow and property values by offsetting inevitable losses.
Zero Deposit™ Lease Insurance
Protect Profits
Increase NOI by offsetting the risk of bad debt
Optimize Leasing
Remove Leasing Barrierrs
Streamline Operations
Reduce Deposit Burden
LeaseLock Central™
LeaseLock Central™, our premier claims and account management platform provides you with a seamless and efficient experience. This custom client dashboard offers a range of powerful features tailored to meet your evolving needs. Access the training hub, claims details, and submit support cases all in one centralized location.
Key Indicators
Insights into claims status, action items, and certificate expirations for easy claim filing and claims management
Onboarding Hub
Submit property information and launch new properties
Live Reporting
Analyze and export real-time reports
Integrated Communication
Communicate directly with claims adjuster and service team without interrupting workflows
Rapid Processing
Claims paid within 48 business hours
Training and Support
Access on-demand microlearnings and quick reference guides. If you need further assistance, log a support ticket
How It Works
Lease with Zero Deposit™
Deposit Waiver Fees (DFW) are a pass through expense to the renter. Approved applicants and renewing renters are offered Zero Deposit™ in the Aptly leasing process.
Enroll in Zero Deposit™
Renters are encouraged to enroll in Zero Deposit™ but are still giving the option to pay a deposit. Renters never interact with LeaseLock, and there is no separate application process.
Implement Zero Deposit™
Most renters choose Zero Deposit™ and sign a lease addendum to acknowledge their obligations
File a Claim
Properties can file claims in LeaseLock Central™ 30 days after move out, after initial collection attempts are complete.
Get Paid
Most claims are paid via ACH within 48 hours. Properties can pursue collection for outstanding balances.
What Customers Are Saying
“With deposits, all we saw was liability. It s a burden keeping up with legislation changes, paperwork, and varying nuances of each deposit. Before LeaseLock, we were being sued every week over $500 deposits.”
Kurt Blanton
VP of Accounting
“With deposits, all we saw was liability. It s a burden keeping up with legislation changes, paperwork, and varying nuances of each deposit. Before LeaseLock, we were being sued every week over $500 deposits.”
Kurt Blanton
VP of Accounting
“With deposits, all we saw was liability. It s a burden keeping up with legislation changes, paperwork, and varying nuances of each deposit. Before LeaseLock, we were being sued every week over $500 deposits.”
Kurt Blanton
VP of Accounting
Book Your Demo Today to Eliminate Deposits for Good with
