You are on the garantie.be website, we offer an online service allowing you to obtain a rental surety without blocking funds in the bank.
The web page below gives you information on the rental guarantee with Korfine.
Korfine is a Belgian insurance broker with a strong presence on the Belgian real estate market. Korfine is approved by the FSMA and distributes insurance products to tenants or real estate lessors.
The Korfine company offers a range of services within the framework of the rental guarantee. Indeed, as an insurance broker, Korfine offers the tenant the possibility of placing the rental guarantee within a life insurance capitalization contract.
The tenant pays the amount of the rental guarantee to Korfine, which establishes a certificate of blocking of the rental deposit to the lessor. The rental guarantee is therefore regularly constituted and blocked at the signing of the rental lease with this trusted financial third party.
The funds are placed in a life insurance contract distributed by the insurance brokerage firm Korfine. The Korfine contract offers a capital guarantee and an interest rate fixed at the start of the contract for 9 years.
The last rate in force, offered from July 1, 2019 by Korfine under this capitalization contract was 0.10% of the blocked funds per year.
The conditions for releasing the rental guarantee are the same as when it is set up in an individual bank account. Funds can only be released if the tenant and landlord agree jointly, or in the presence of a binding judgment. The joint agreement of the lessor and the lessee is most often negotiated on the basis of the exit inventory carried out in a contradictory manner.