Security deposit alternatives were invented as a way to help alleviate the financial burden for residents. Alternatives often allow residents to make smaller monthly payments throughout the length of a lease vs. one lump sum.
How to set up security deposit alternative
- Log in to Updater
- Click on Settings
- Click on Properties
- Click on the property you want to configure
- Click on Task configuration located underneath your property name
- Scroll down the page until you find the Security deposit alternative task
- If this task has not been set up, click the Toggle to the right of the Security deposit alternative task. If this task already has been set up, click Edit.
- Type in a Description of the service
- Type in URL residents need to go to in order to utilize the security deposit alternative
- Type in directions (if needed) to give residents more details about your security deposit alternative
- Click Save changes