Keyhole Guarantee is a deposit guarantee.
With Keyhole Guarantee, you pay a setup fee and a fixed monthly premium throughout the rental period. In return, Keyhole provides your landlord with a deposit guarantee, which replaces the need for a cash deposit or prepaid rent.
When you move out of the rental property, you are still responsible for paying your landlord's move-out claim. However, with Keyhole Guarantee, you avoid paying a large cash amount upfront before moving in.
You are not paying off a deposit but instead paying for a guarantee that secures your landlord in case you are unable to pay the final move-out statement.
Keyhole Guarantee requires credit approval and that your landlord is a Keyhole Partner. Your landlord must invite you to use Keyhole Guarantee.