Free your
RENTAL GUARANTEE
You can release your rental guarantee at any time during your lease in 3 steps:
1
Take out an online deposit on our website for the amount of your rental guarantee
2
The landlord will receive the certificate directly to cover the amount of your rental guarantee.
3
You can then release the funds blocked for the rental guarantee with your bank.
Tenant no longer blocks money
The tenant no longer blocks funds in a bank account, as we act as guarantor for the landlord for the entire duration of the lease. The tenant can therefore release his rental guarantee early.
What is the rental guarantee release?
The release of the rental guarantee corresponds to the process of extinguishing the guarantees provided by the tenant to the lessor of his rental property. The tenant recovers the funds that have been blocked in a bank account since the start of the rental agreement. This is known as the release of the rental guarantee.
How do you release your rental guarantee?
The first step is to contact the financial institution that has blocked the rental guarantee funds. To release the funds blocked under the rental guarantee, a release form must be signed by both parties to the lease contract: the lessor and the tenant. The rental guarantee can only be released by the tenant with the agreement of the landlord.
How do you release your rental guarantee?
The rental guarantee is released in several stages:
- Obtaining the landlord’s agreement to release the rental guarantee
- Complete the form to release funds held in the rental guarantee account
- Receipt of funds in the bank account provided on the rental guarantee release form
How long does it take to release the rental guarantee?
The time it takes to obtain the release of funds blocked under the rental guarantee depends on the bank with which you have blocked the funds. Most banks will release the funds within a few weeks if you provide all the documents required for release.
When can the rental guarantee be released?
Funds blocked in the bank under the rental guarantee can be released in advance. To release the funds now, even though the lease has not yet expired, follow these simple steps:
- Subscribe to a financial guarantee on our website by clicking on online rental guarantee
- Replace your rental guarantee with our guarantee to the landlord.
- Obtain from the bank the release of funds frozen since the signing of the lease.
Rental guarantee release model
Here’s a sample letter that the tenant and landlord can use to jointly request the release of amounts blocked under the rental guarantee.
This sample letter is fairly simple. Some financial institutions may ask for additional information or supporting documents to be attached to the request for release of blocked sums.
Most of the time, the tenant and landlord will need to enclose a copy of their ID to authenticate the mail.
