What is Jetty Deposit?
Jetty Deposit is an alternative to a traditional cash security deposit. Instead of paying a full deposit upfront, renters can pay a fraction of the amount through a one-time, non-refundable premium or a low, non-refundable monthly premium.
Jetty Deposit provides the property with a Jetty-backed guarantee in the event of unpaid rent or damage beyond normal wear and tear. Renters are still responsible for paying rent in full and maintaining their home. If Jetty covers eligible costs on a renter’s behalf, Jetty may seek reimbursement from the renter.