Tenancy bond – a useful alternative to the deposit in cash
Tenants are facing rising rents and bills, while traditional deposit models – if they are not optimised – often cost landlords significant time and effort. Aareal Aval, the digital tenancy bond from our subsidiary plusForta GmbH, is here to help.
Aareal Aval offers a future-proof alternative to a deposit in cash in a savings account. Fully integrated in various ERP systems, the solution simplifies manual processes and speeds them up – helping tenants and landlords alike.
Benefits for landlords
Faster letting process
An instant deposit guarantee managed entirely digitally allows for rapid marketing and reduces vacancies.
Integrated credit check
Only credit-checked tenants receive a guarantee – at no additional cost.
ERP connection
Low implementation cost through the use of existing interfaces.
Fully secure
The full amount of the tenant security deposit is available immediately, with no waiting for instalments.
Benefits for tenants
Digital and straightforward
Fill in an application online in just a few minutes – no paperwork needed.
Financial flexibility
No impact on liquidity – money remains available.
Maximum freedom
The landlord can release a tenant from the contract at any time, with the amount calculated to the day with no minimum term.
Optimise your tenant deposit management
Naturally we also offer solutions that allow you to manage your traditional tenant deposits digitally. Our account system, which has been developed specifically for the property industry, can optimise your tenant deposit management – and if required, it can be combined with your ERP system using the BK01 procedure from First Financial Software GmbH. Discover Aareal Account Kautionen for commercial landlords.
