Rent Guarantor is a person who takes the responsibility to pay your rent if you default or leave the room under any unexpected circumstances. In some cases, the rent guarantor also covers the damages to the property, in case the tenant defaults. The Rent Guarantor will co-sign the tenant agreement with you to take the responsibility to pay the rent in case of missing payment.

In simple words, the role of a rent guarantor is to provide you and your landlord with a level of financial reassurance and security. It is a common practice by landlords to ensure that the tenant doesn’t default the rent or covers any property damage.

A rent guarantor can be anyone - parent, guardian, friend, or relative. However, the person must fulfil a few recommended criteria. Such as:

A guarantor must provide the following documents:

1. Most letting agents confirm that you have a rental guarantor even before showing you the property. Having a Rent Guarantor expands your reach to find the ideal off-campus accommodation matching your preferences.

2. You don’t have to pay the rent in advance that is normally a payment of 6 to 12 months upfront.

3. Having a rent guarantor brings peace of mind for both you and your landlord. The responsibility and liability of missing payments or excess burden of advance rent are lowered and you can focus on their studies better.

Native students can produce their parents, friends or relatives as the rent guarantor to co-sign the tenancy agreement. But most overseas students don’t have anyone to play the role of a rent guarantor. As a result, they often miss out on the best student accommodations in the major student cities.

With Ocxee Rent Guarantor Service directs you to the best rent guarantor providers where you can hire reliable rent guarantors at a nominal fee to co-sign the tenancy agreement and ease the process of booking student accommodation for your entire stay tenure.

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