Rental / Security Deposit

Luceed protects rental deposits by holding funds securely and releasing them based on agreed move-in and move-out conditions.

How It Works

Action

Role

Buyer and Seller agree on lease conditions via Luceed

Buyer and Seller agree on lease conditions via Luceed

Seller transfers ownership of rental property for the agreed period

Acceptance is automatic upon Buyer’s confirmation of transaction pre conditions

Luceed disburses funds automatically to Seller

Ideal For

  • Landlords seeking transparency and fairness.
  • Tenants seeking transparency and fairness.

Benefits

  • Prevents deposit disputes
  • Clear release conditions
  • Trust on both sides

Luceed's Role

  • Holds funds securely in escrow