The Guardian Rent Guarantee
The piece of mind and security every investor needs.
 As a Guardian Landlord, you are guaranteed 100% approval on all submitted applications for up to three (3) months unpaid rent, regardless of the tenant's credit score or evaluation results.
Up to 12 month rent guarantees covering every risk from Unpaid Rent and Tenant Damage to the property, to Eviction Fees and Vacancy Protection are available to qualified tenants and landlords.
Not only does the security of a RENTAL GUARANTEE provide protection of the rental income stream to the
Landlord, it can also increase the capital value of the property because of the additional security of the income
stream.
There are five Rent Guarantee products:
1- Un-Paid rent coverage: It pays the landlord any unpaid rent incurred by the tenant up to a full 12 months. The landlord would select the required term based on the tenant risk score, and the local statutes controlling the time it may take to evict a non-paying tenant and recover the property. This coverage is available to all Landlord Memberships.
2- Tenant rental damage protection: It pays the landlord the cost of repair of the damage to the property caused by the tenant. This coverage works in conjunction with the unpaid rent coverage, in determining available funds for repair. The Guarantee term (1-12 month) is what determines how much of the Guarantee money is available after the un-paid rent is paid. This coverage is available to Platinum and Executive Members.
3- Eviction legal fees coverage: It pays the legal fees for the eviction of the “squatter” tenant. This coverage is included in all Executive Guarantees and is available to all members as a standalone eviction service.
4- Vacancy Protection:Pays the landlord the rent due in full, in case of unit is vacant for more than 2 month. This coverage is available to Executive Members only after 1 year of membership on all enrolled properties in their portfolio.
5- Guardian Shield: This is our most comprehensive Guarantee. This is the Lender Guarantee that is designed to offer Total Investment Protection to both Lender and Landlord. It pays all rents due, but not collected, regardless of occupancy or vacancy of an enrolled property that is managed by Guardian Managers. It is available to Guardian Managers' enrolled properties after 12 months and on all newly acquired properties by the member after 12 months of membership.
Our Patent Pending line of Guarantees is the most comprehensive in the world, providing total risk management for real estate investors, and property managers. We cover every type of property from single family residential to commercial and industrial properties.
This is the real estate investment revolution everyone has been waiting for.
What are you waiting for… join us now!
Memberships and available protections comparison chart:
Rent Guarantee |
Gold |
Platinum |
Executive |
Guardian Manager |
Un-Paid rent Guarantee |
Yes, up to 3 month |
Yes, up to 6 month |
Yes, Full 12 month |
Yes, Full 12 month |
Tenants' Rental property damage |
No |
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Tenant eviction cost |
Optional |
Optional |
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Vacancy Protection |
No |
No |
Available after first year of membership with 2 month exclusion before claim |
Yes, Full vacancy Protection with No exclusion is included in Guardian Shield |
Guardian Shield |
No |
No |
No |
YES , after one year portfolio enrollment . |
Tenant Screening services |
Included with all rent guarantees |
Included with all rent guarantees |
Included with all rent guarantees |
Included with all rent guarantees |
Benefits to the Landlord
· Gives peace of mind as to ongoing rental payments.
· Landlord does not have to make a judgment regarding financial substance of tenant.
· Ensures that a failure of the tenant does not cause the Landlord to default on any financing obligations to its
Lenders.
· In the event of a tenant default, gives the Landlord time to find a replacement tenant without being under any
mounting pressure of continuing unpaid rentals.
· Enhances the capital value of the property of the Landlord.
Benefits to the Tenant.
· In the event of long term leases being assigned, personal guarantees often stay in place with the assignment,
with potentially high exposure. The indemnity given in respect of a Rental Guarantee Bond, limits such
exposure to a ‘capped’ maximum.
· In the event of future partner changes, avoids any difficulties in obtaining releases from long
term guarantees from the Landlord.
· Enables the tenant to rent a property from a Landlord that might otherwise refuse to rent the property without a
personal guarantee.
Do you want to eliminate the risk in your leases?
Then every lease should be guaranteed. This is what the real estate rental business lacked till now. Especially in the turbulent economic times we face now, tenants often default due to external circumstances. So even the most thorough screening will not make a difference in those cases. That is why you must have a solid assurance that regardless of your tenant’s circumstances the rent is paid.
Tenants fail to pay the rent due to various reasons which include illness, loss of job, or divorce. Should you be unfortunate enough to have unreliable tenants, you may need to go through lengthy legal proceedings to get possession of your property through Eviction.
Rent guarantee coverage is inexpensive and allows you to eliminate any financial losses if this were to happen. This could be substantial if you are making mortgage payments on the property.
You select the Rent Guarantee terms based on your tenant, property and the local laws that control the time frame required for eviction in case of default. You will attract more tenants to your property, by eliminating the Security Deposit requirement, thus reducing your vacancies, and doubling your bottom-line.
Before providing coverage for this, we want to be sure that proper background checks have been carried out on the tenants. That is why our custom report "Guardian Check” is a requirement for any Rent Guarantee policy. We even cover the cost of the report when it is used for that purpose.
These policies are invaluable for any landlord. As a tax deductible premium this will guarantee you receive the rent you are expecting from your property regardless of your tenants personal circumstances and/or their ability and willingness to pay the rent.
If you have a mortgage on the property or have calculated your rental income verses your expenditures this will ensure you receive your rent. Most of these policies will include the legal expenses and property damage coverage under the "Executive Guarantee" membership. You will receive your rent and obtain vacant possession of the property ready for new occupancy.
Policies will guarantee your rental for a fixed period, typically 1-12 months. Some policies will provide additional coverage once you have obtained vacant possession until you are able to re-rent your property. If you need to have your rent on a regular and guaranteed basis then rent guarantees are a must. The costs vary as fixed cost policies and are commonly rated as a percentage of the annual rental figure, typically 3-4%. This translates to about $350/yr on $800/month rental or $30/month increase in rent.
Don’t waste another minute….join now and become a Guardian Landlord TODAY!
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Un-Paid Rent