You can receive funds in less than 30 days
You can receive funds in less than 30 days
You receive a payout based on real expenses and current market prices. You don't need to bother that the money you receive will be unrealistic and underestimated and real losses much bigger.
Check out how the process works step by step!
(...) I had a problem with a tenant and Rendin paid out the unpaid rent just one day after signing the assignment agreement. I recommend it!
Go for our product guides!
Find out how to find reliable tenants with Rendin, how to activate protection up to 10 times the rent for outstanding payments and damages, and how the payout in less than 30 days works.
How and when do I get a payout if there are problems?
The entire process can be done in less than 30 days, and the funds can be received in less than a week after confirmation of the amount of the payout with the tenant's debt assignment agreement (transfer of debt to Rendin). You save months and years of struggling with a tenant and with a court to recover the debt.
Learn how it works step-by-step with our guide about the rental protection payout process.
Learn how Rendin helps landlords in practice
The process is simple and fast to make sure your rental is as fluent as possible and compensation provides you with real value and not with artificial help. With us, you can be sure that you get what is yours.
Brief overview
Learn how and what Rendin covers rental issues including unpaid rent and property damages.
Step-by-step payout process
Delve into our detailed process from start to finish. We transparently show how and based on what you are receiving your money.
Client payout stories
Check landlords' histories who’ve successfully navigated tenant disputes with Rendin and received money from protection.
Rendin backs you in rental in several ways
Rendin simplifies and secures the process of handling tenant damages and default payments. Our process is transparent, efficient, and fair, ensuring landlords receive their rightful compensation without underestimating or reducing payouts. Don't take our word for it, check it out!
Furthermore, we make every effort to assist with mediation in case of disputes, providing specialized legal expertise to develop fair solutions, preventing lengthy court proceedings, and ensuring quick payouts for landlords.
Check 5 simple steps on how to get your money in case of issues with a tenant below.
Trusted by thousands of landlords
Numbers don’t lie. Rendin protection for rental agreements is the ultimate way to ensure security and peace of mind when letting your property.
5 steps to Rendin protection payout:
Check these five simple steps that will happen for you to receive a payout in case of damages or missing payments.
1. Rental Termination
Day 1: The rental is ending
The landlord and tenant check the apartment, documenting any damages or outstanding payments.
Estimated time: Less than 1 day
Usually, it takes 30 to 60 minutes to take over the property and document damages or payment issues.
Required actions:
The landlord gathers evidence of damages (return protocol, photo documentation) or outstanding payments (bills) and asks the tenant to pay what should be paid.
If a tenant refuses to pay, the landlord proceeds with the 2nd step "Debt Reminder"
1. Rental Termination
Day 1: The rental is ending
The landlord and tenant check the apartment, documenting any damages or outstanding payments.
Estimated time: Less than 1 day
Usually, it takes 30 to 60 minutes to take over the property and document damages or payment issues.
Required actions:
The landlord gathers evidence of damages (return protocol, photo documentation) or outstanding payments (bills) and asks the tenant to pay what should be paid.
If a tenant refuses to pay, the landlord proceeds with the 2nd step "Debt Reminder"
2. Debt Reminder
Day 2: Official debt reminder
The landlord issues an official debt reminder to the tenant. The tenant must have a chance to repay the obligation.
If you need help, ask us for templates of Debt reminders, we are here for you.
Estimated time:
Takes 1-2 days + waiting time (14-30 days - it is a time needed to make sure that a tenant is properly informed and aware of debt to have a chance to pay it back)
Required actions:
Simply gather evidence of:
Outstanding payments
Damages
Inform about outstanding debt a tenant and us.
2. Debt Reminder
Day 2: Official debt reminder
The landlord issues an official debt reminder to the tenant. The tenant must have a chance to repay the obligation.
If you need help, ask us for templates of Debt reminders, we are here for you.
Estimated time:
Takes 1-2 days + waiting time (14-30 days - it is a time needed to make sure that a tenant is properly informed and aware of debt to have a chance to pay it back)
Required actions:
Simply gather evidence of:
Outstanding payments
Damages
Inform about outstanding debt a tenant and us.
3. Documents Evaluation
Day 3: Document Evaluation
We are recognizing claims and evaluate the provided documents and once they are fine, the debt assignment agreement is prepared for signing.
Documents are fine if they are complete and consist of elements mentioned in the 2nd step above.
Estimated time:
Takes 1-2 days with complete documents provided to Rendin. Can take more, if the documents are not complete (use our support as early as possible).
The next step is waiting time until the end of the landlord’s debt reminder timeframe (mentioned in the 2nd step above).
Required actions:
No actions are required from the landlord.
If any documents are lacking our legal department will contact you. Make sure to provide them as fast as possible then not slow the compensation payment time.
3. Documents Evaluation
Day 3: Document Evaluation
We are recognizing claims and evaluate the provided documents and once they are fine, the debt assignment agreement is prepared for signing.
Documents are fine if they are complete and consist of elements mentioned in the 2nd step above.
Estimated time:
Takes 1-2 days with complete documents provided to Rendin. Can take more, if the documents are not complete (use our support as early as possible).
The next step is waiting time until the end of the landlord’s debt reminder timeframe (mentioned in the 2nd step above).
Required actions:
No actions are required from the landlord.
If any documents are lacking our legal department will contact you. Make sure to provide them as fast as possible then not slow the compensation payment time.
4. Assignment agreement signing (tenant's debt acquisition)
Day 17 (or 33): Assignment agreement preparation
The assignment agreement is prepared by Rendin and sent for digital signing by both parties (Rendin and the landlord).
Estimated time:
Takes 1-3 days to prepare an assignment agreement and get it signed by both parties.
Required actions:
Just ensure that the assignment agreement is correct and signed.
4. Assignment agreement signing (tenant's debt acquisition)
Day 17 (or 33): Assignment agreement preparation
The assignment agreement is prepared by Rendin and sent for digital signing by both parties (Rendin and the landlord).
Estimated time:
Takes 1-3 days to prepare an assignment agreement and get it signed by both parties.
Required actions:
Just ensure that the assignment agreement is correct and signed.
5. Final Payment
Last day
Usually around the 20th or 35th day depending on the case (mentioned in the previous steps)
A bank transfer for the tenant’s outstanding payments and/or damages caused by the tenant as your compensation for rental losses.
You can continue renting without losses. Recovering the debt from the tenant is now our responsibility.
Estimated time:
Takes 1-5 days and money is in your bank account
Required actions:
Enjoy fast and simple compensation.
Make sure you will have Rendin protection during the next rental not to loose money.
5. Final Payment
Last day
Usually around the 20th or 35th day depending on the case (mentioned in the previous steps)
A bank transfer for the tenant’s outstanding payments and/or damages caused by the tenant as your compensation for rental losses.
You can continue renting without losses. Recovering the debt from the tenant is now our responsibility.
Estimated time:
Takes 1-5 days and money is in your bank account
Required actions:
Enjoy fast and simple compensation.
Make sure you will have Rendin protection during the next rental not to loose money.
Check examples of landlord issues finalized with Rendin compensation.
Our customer stories show how effective and efficient our assistance is and how we have stood by our landlords, solving their problems.
Case study: A partying tenant and 22 000 zł worth of damage to the property
Case study: A partying tenant and 22 000 zł worth of damage to the property
Money saved: 22.000 zł
Rental experience: 3 years
Teresa is an experienced landlord, having several apartments on long-term tenancy in Warsaw. Although most of her relationships with her tenants have been positive, she has also met one who has caused significant damage to her rental property.
Write your rental success story with Rendin
Our expertise in screening tenant candidates and crafting impeccable agreements has yielded a remarkable 99% success rate in rentals without issues. In the rare cases where challenges arose, we compensated property owners for the incurred losses.
We have successfully solved over 20 difficult cases for our landlords.
We’re proud of our 5-star rating and over 200 positive user reviews.
Rental service. Supercharged.
Discover how Rendin can help you secure and enhance your rental experience. We provide tools and resources for landlords, from creating listings to rental protection and understanding legal issues better, to help you manage your property more effectively.
Protection & Coverage
Replace inefficient deposits with a proven solution that gives you security that’s 10 times better.
Tenant verification
We verify tenants’ credibility by checking their financial history in the unpaid debt database.
How to Use Rendin
Get detailed guidance on how to streamline your rental management process.
Customer stories
Explore real-life examples of landlords using Rendin to overcome problematic tenants.
Frequently asked questions
How Rendin protection works?
Why should I choose Rendin over a traditional deposit?
What happens when a tenancy ends?
How and when will I receive my payment?
What documents and evidence do I need to provide?
How much does the Rendin service cost?
Does Rendin protection act as home insurance?
Do you want to know more?
If you have any additional questions, our team will be happy to provide you with answers.
Get rental agreement protection. Enjoy profit and peace of mind.
Safe renting out with Rendin is at your fingertips. Go digital. Screen your tenant candidates with one click. Get 10 times more security than with a deposit.
