In everyday life, tenants mainly encounter three models: the traditional rent deposit account at a bank, the rental deposit insurance and the bank guarantee.
The traditional cash deposit blocks the entire amount. The rental deposit insurance replaces this deposit with a surety bond, so that liquidity is preserved.
- ✓Rent deposit account at a bank with blocked funds
- ✓Rental deposit insurance with an annual premium instead of a capital lock-up
- ✓Bank guarantee as an alternative form of security provided by the bank
