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How to request a refund if the guarantee is no longer needed

Understanding refund eligibility and the request process

We understand that things don't always go as planned. If your lease guarantee is no longer needed – for example, if the unit is no longer available or something changes with your housing situation – you may be eligible for a refund of your co-signing fee. Learn more about the co-signing fee

Below, we'll walk you through the refund process, including refund eligibility, the reasons a refund can be requested, and how to request a refund. 

Refund Eligibility

You may be eligible for a refund if you have paid your co-signing fee but have not signed the lease or taken possession of the unit (aka: moved in). If either of these has occurred, the lease guarantee is considered active, and a refund will not be available.

Valid Reasons for a Refund

When properties submit a refund request on your behalf, they'll be required to select a refund reason. Here are the valid reasons for a renter refund: 

  • Rent Rate Change: The rent rate for the unit that you were guaranteed for has changed. 
  • Property Denied Application: The application was not approved, preventing you from moving in.
  • Poor Customer Service at Property: You had a negative experience with the property team that led you to seek housing elsewhere. 
  • Delayed Move-In Date: The move-in date was pushed back, making the unit unavailable when you needed it.
  • Property Condition: The unit or property did not meet expectations (e.g., maintenance issues, etc.).
  • Unit Size Unavailable: The specific unit size that you were guaranteed for is no longer available. 
  • Personal Reasons: You decided not to move forward due to personal circumstances.
  • Other: Another reason, not covered by the above options (additional details required). 

How to Request a Refund

Properties are responsible for confirming that the lease guarantee is no longer needed and submitting the refund request. If you meet the eligibility requirements for a refund, please reach out to the property and ask them to submit a refund request to us on your behalf.

💡Good to Know: Detailed instructions for properties on submitting refund requests can be found here

Once the refund request is submitted, our team will review and process the refund accordingly. If we need any additional details, we'll reach out to the property directly.