Security Deposits

Security Deposits can be a stress on you or your families’ finances. At One Team Realty, LLC we offer you two options.

You have two options for security deposits with One Team Realty.

1.    The normal deposit that most are used to. You pay an amount equal to one months’ rent before you move in. A typical rent may be $2500 a month. That means your deposit would be $2500 as well. In this example, to move in at the first of the month you would pay a total of $5000.00. If you have a pet then that would be an additional amount, typically $500 or more. This can be an expensive move for you and your family.



2.    Pay an annual fee through an insurance bond company, that we use, to cover your damages or cleaning at the end of your tenancy. For the example above, $5000 x .12= $600 a year. You would pay your $2500 rent for the first month and then $600 in insurance for a total of $3100. Compared to $5000 for a move in under Option 1, this is a good deal. This is nonrefundable but if you move out early the remainder of the annual charge would be prorated back to you. If military orders move you off island, then this is where it would be prorated back to you by the insurance company.
 

Option 2 significantly lowers your move-in costs, it gives you more of your cash to use for what you need it for and to meet your financial obligations.

This is your option so whatever works best for your situation would work for us. You can select this option when signing the lease and we would send you an invitation to join and sign up.

We do charge a small admin fee for this, as of this update, that fee is an annual small fee paid to One Team Realty. This fee is separate from the insurance bond company.

One Team Realty, LLC is proud to be the first to offer this in Hawaii and we try to make your move less stressful.

Our customer service will move you!