DAMAGE ASSURANCE $10

DAMAGE ASSURANCE (OPTIONAL)

One of the biggest fears of all rental property owners is renting to a tenant that will cause significant damage to their property, costing them thousands of dollars in repairs. Many property owners express concern over the stories they hear about tenants destroying homes they rent. This is a real possibility and we have addressed this issue by offering our owners Damage Assurance to cover these potential unexpected repair costs caused by an outgoing tenant that exceed their security deposit.

This program is designed to cover damages exceeding the Security Deposits caused by a tenant that fall outside of the Homeowners Insurance policy and excludes normal wear and tear. Normal wear and tear standards are in accordance with the North Carolina State regulations. (Maximum Amount of Claim will not exceed 5,000.00). This program excludes unpaid rent and utility amounts.

Example: Homeowner rents their home for $1,500 per month. The security deposit for this home is $1,500, but there is $3,000 in damages to the home, excluding normal wear and tear. Bryant Real Estate will cover the expenses to complete these repairs that total more than the security deposits in order to bring the home back to a rentable condition.

With DAMAGE ASSURANCE :
 
Bryant Real Estate will cover ALL costs caused by a tenant above normal wear and tear that exceed the security deposit.

Plan may only be added/cancelled during leasing period to include the vacancy time between leases or first 14 days of occupancy after a new lease.  
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