In technical terms, Jetty Deposit is what's known as a surety bond—a special type of 'insurance-like' agreement between three people or parties. In this case, those parties are you, us, and your landlord. You can learn more about surety bonds in our blog post on the subject.
The most important detail you should know as a renter is that the fee you pay for Jetty Deposit does not cover damages or skipped rent. You’ll still be responsible for any damage and for paying your rent each month—and if you fail to meet those responsibilities, Jetty assumes the role of collection.
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