How does Guaranteed Rent work?

Nomad offers industry-leading protections to landlords, including Guaranteed Rent. Guaranteed Rent ensures that you, the Owner, get paid your full rent payment on time, every month -- regardless of whether the Tenant pays late. We pay you the full amount of the monthly rent amount in the lease between you and the tenant. Guaranteed rent means you have peace of mind that you can pay your mortgage, taxes, and insurance every month because Nomad has your back. In the rare event where a tenant continues to be delinquent and an eviction for non-payment of rent is necessary, Nomad will support you with tools needed to process an eviction. Read our terms of service to understand the full details and limitations of Guaranteed Rent: https://nomadlease.com/terms-of-service