What is a rental guarantee?

The rental deposit is a security for the landlord

A rental guarantee serves the landlord as security for unpaid rent, ancillary costs or repairs in the event of damage. It can be deposited in the form of a bank deposit (at a bank or Firstcaution) or a rental deposit insurance (e.g. Firstcaution). In Switzerland, the rental deposit can be up to three months' rent.

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