The tenant's
guarantee
In Belgium, our service allows you to apply for a rental guarantee online. We explain the details of this secure online service.
What is a tenant guarantee?
In Belgium, the rental guarantee is a sum of money that the tenant must provide to the landlord at the start of the contract to cover any unpaid rent or damage to the property. This guarantee can be paid into a blocked account, provided by a bank, or replaced by a guarantee taken out with an organization such as garantie.be, which acts as a recognized professional guarantor. The amount is generally equivalent to two or three months’ rent, depending on the region and type of lease.
How much does it cost on garantie.be?
On garantie.be, rental guarantee requires no blocking of funds. The tenant signs a rental deposit.
GARANTIR guarantees the financial commitments of the lease on behalf of the tenant. The amount of the guarantee fee is proportional to the amount of the rental guarantee guarantee: the annual guarantee fee represents 6% of the amount of the rental guarantee guarantee, with a minimum amount of €96 per year.
For a rental guarantee of €2,000, the tenant will pay the equivalent of €10 per month in security deposit fees when making an annual payment. The tenant can cancel the deposit at any time without charge by blocking the €2,000 from rental guarantee with a bank and obtaining the landlord’s agreement.
Does garantie.be offer the same level of guarantee as a bank account?
Yes, the guarantee provided by garantie.be is perfectly equivalent to that of a blocked bank account from the lessor’s point of view. An official certificate is given to the lessor when the lease is signed, committing garantie.be to pay the sums due in the event of a dispute.
This solution meets all the legal requirements of rental guarantee in Belgium, and is accepted by the vast majority of owners and agencies.
How long does the commitment with garantie.be last?
The commitment with garantie.be corresponds to the initial duration of the lease, often 1, 3 or 9 years, depending on the type of rental. At the end of the lease, if there are no outstanding disputes, the guarantee ends automatically. If the lease is extended, the guarantee can easily be renewed for a further period, without having to redo the entire file.
Frequently asked questions
Yes, it’s totally legal if the guarantee is provided by a recognized organization like garantie.be, which acts as a professional guarantor.
No, the landlord is free to refuse an alternative formula. However, the majority of landlords accept the guarantees provided by garantie.be, because they are reliable, traceable and comply with the law.
The initial commitment lasts until the end of the lease. However, it is possible to :
- block funds in a dedicated bank account
- Obtain the landlord’s agreement to substitute this escrow account guarantee for the rental deposit provided by Garantie.be.
- Cancel your guarantee contract with Garantie.be free of charge during the lease term
Tenant benefits
No blocked funds
Your money is not locked in a bank account, so you have more freedom to use it for anything other than your rental guarantee.
Quality guarantee
Our financial guarantee commitment is as valid as a bank guarantee obtained from a financial institution.
Simplified subscription
Thanks to our digital online subscription process, your landlord can receive your rental guarantee certificate within a few hours.
Dedicated customer support
We are always on hand to answer any questions you may have and to help you conclude your property rental contract.
