Skip the Security Deposit with Obligo
Moving is expensive, but we’re making it easier. Real Property Management Cornerstone is proud to partner with Obligo to offer deposit-free living to qualified residents. This innovative program allows you to move into one of our high-quality homes without the financial burden of a traditional security deposit.
Keep your hard-earned money for what matters most and enjoy a smarter, more affordable way to rent.
The Benefits of Deposit-Free Living
Choosing a no-security-deposit option gives you financial freedom and peace of mind.
- Keep Your Cash: Use the money you would have spent on a deposit for moving expenses, new furniture, savings, or anything else you need.
- Hassle-Free Move-Out: Avoid the traditional delays of waiting for a deposit refund check. With Obligo, any end-of-lease charges are handled through a clear and straightforward billing process.
- Instant & Easy Qualification: No complex paperwork. The Obligo process is fast and secure, allowing you to qualify for a deposit-free move-in in minutes.
How Our No-Deposit Rental Program Works
We’ve streamlined the move-in process to be as simple and fast as possible. Instead of paying a large lump-sum deposit upon signing your lease, you can use Obligo to secure your new home.
- Find Your Perfect Home: Browse our available rental properties.
- Apply & Get Approved: Complete our standard resident application process.
- Qualify with Obligo: Once approved, you’ll receive an invitation from Obligo. Most residents qualify instantly and securely by simply connecting a bank account.
- Move In & Save: That’s it! You move into your new home without paying a security deposit, freeing up hundreds or even thousands of dollars.
Frequently Asked Questions
What is Obligo?
Obligo is a financial technology company that provides a simple and secure alternative to traditional security deposits. Instead of paying a deposit, you provide a secure “billing authorization,” which allows the property manager to charge you for damages or missed rent, similar to how a hotel uses a credit card for incidentals.
How do I qualify for a deposit-free move-in?
Qualification is handled through Obligo’s secure platform. After you are approved as a resident by Real Property Management Cornerstone, you’ll be invited to connect your bank account through Obligo’s service to determine your eligibility.
Is the deposit-free option completely free?
There is a small annual fee paid to Obligo for their service, which is a fraction of the cost of a traditional security deposit. This fee keeps your home secured without requiring the large upfront payment.
What happens if there are damages when I move out?
If there are legitimate charges for damages or cleaning beyond normal wear and tear, we will submit a claim to Obligo. You will be notified and can pay the bill directly through the Obligo platform. You are still responsible for taking care of your rental home, just as you would be with a traditional deposit.
Ready to Find Your Deposit-Free Home?
Stop letting a security deposit stand between you and your next home. Browse our listings and look for properties that feature the deposit-free option.
