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 deposits funds
Seller transfers ownership of rental property for the agreed period
Acceptance is automatic on Buyer's confirmation of transaction documents
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 rental deposits securely
- Releases funds based on agreed move-in and move-out conditions
- Provides neutral handling of deposit release conditions
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