A rising tide of legislation has created an entirely new category of multifamily services: security deposit alternatives. However, some of these products have come under fire for presenting as an insurance product for renters when they’re not or for increasing overall costs. Join us for a discussion on the different types of security deposit alternatives, how they compare to a newer option—security deposit automation—and how to choose the best option if you own or operate properties in California.
What you’ll learn in 30 minutes:
-The types of alternatives, from surety bonds to deferment
-What security deposit automation is and how it works for California
-How to choose & the pros and cons of both