How does it work again?
When a tenant applies to rent an apartment he simply agrees to escrow his term rent balance. We have a form for that. It’s called a Declaration of Escrow.
If and when you approve his application (subject to escrowing his term rent balance) you enter rental information on our site, the tenant will be prompted by email to e-sign an Escrow Agreement and provided with wiring instructions to fund his escrow account. Monthly rent payments can be sent to you by paper check or by EFT.