“One of my objectives was to establish a deposit structure. We wanted to be able to give renters the option of paying the standard refundable deposit. That’s what Deposify does for us.” - Lisa Russell, COO at Ardmore Residential https://t.co/TRCDP7sLpf
And in MA - the last month’s rent must be kept in a separate interest bearing account, in the same way as the security deposit. That’s where Deposify comes in !
Deposit compliance for property owners & managers varies State by State. In Massachusetts for example - a landlord can request first and last month's rent and a security deposit in the amount no greater than one month's rent - no other fees can be charged, including Pet Deposits.
In Atlanta City for example - multifamily apartment owners and property management companies collecting a security deposit over 60% of the monthly rent now need to accept a deposit payment plan in at least 3 monthly instalments
With many cities legislating instalment payment options for Residents, you can now offer Payment Plans by City or State, in some or all of your portfolio, and over however many months you’d like
We’re delighted to announce our new banking partnership with @keybank - making our deposit management service available in 45 States where KeyBank operates
.@Deposify is a fintech start-up that provides security deposit management services to property management companies.
They are a key inclusion in the #IrelandINC250 Index, supported by @KPMG_Ireland
Download a copy: https://t.co/4rbUzW5JOg
Those residents can now borrow their security deposit from Deposify and pay monthly interest only - once their landlord or property manager uses Deposify
Our CRO Colm Grealy is at the @RHAboston #RHAExpo2019 with our friends at Assurrant - we’re at booth 1003, please call by to hear more about our traditional and alternative security deposit solutions
#Fintech firm @Deposify has signed a partnership with Fortune 500 company @Assurant to continue to grow its business in the US. Their service, currently only available in the northeast of the US, will now be rolled out nationally in the coming months 🇮🇪🇺🇸 https://t.co/2EljODQOd1
Here’s some more background on our partnership with Assurant - traditional and alternative security deposit solutions coming together
https://t.co/nmFgWYA8Q0
Assurant brings national scale & distribution to our Partnership as well as significant real estate experience & expertise - we’re very much looking forward to working together
We’re delighted to announce our US partnership with @AssurantNews - Deposify signs major deal with Fortune 500 company Assurant
via The Irish Times
https://t.co/q9QNoUNboW
Working together means that for the first time Owners, Property Managers & Residents can benefit from a complete security deposit solution - cash or a cash alternative