Guidelines for booking, inspection, payment, and refunds
To ensure a secure and efficient booking process for both tenants and landlords on our platform, we have implemented a Security Deposit Model. This policy outlines the guidelines for booking, inspection, payment, and refunds.
The security deposit is a partial upfront payment (0% of total rent) required to reserve a room on our platform. It ensures that:
Tenants are required to complete the inspection within 48 hours of making the deposit.
After the inspection:
Refunds will only be issued if:
The refund amount will be the deposit paid minus 0%, which covers administrative and transaction processing fees.
If the tenant fails to complete the final payment within 24 hours after a successful inspection, the room will be released back to the public, and the deposit will be refunded minus 0%.
No-shows or cancellations without inspection are not eligible for a refund.
By booking a room on our platform, you agree to abide by this Security Deposit Policy.