Security Deposit Alternative Program
Move In With Less Money Upfront!
Security Deposit Alternative Program — Powered by Beagle
Moving into a new home can be expensive. Between moving costs, rent, utilities, and other expenses, paying a full security deposit can be a financial burden. At Atlanta Marietta Inc., we offer qualified applicants a more flexible option through Beagle's Security Deposit Alternative (SDA) Program.
Instead of paying a traditional security deposit upfront, eligible residents can pay a smaller, nonrefundable monthly premium, allowing them to keep more money available for moving expenses and other immediate needs.
How Does the Program Work?
1. Apply and Qualify
Complete our rental application and meet our tenant screening requirements. Eligible applicants will be offered the SDA option before signing their lease.
2. Choose Your Deposit Option
Qualified applicants may choose between paying a traditional security deposit or enrolling in Beagle's Security Deposit Alternative Program.
3. Pay a Monthly Premium
Instead of paying a full security deposit upfront, you pay a monthly SDA premium established by Beagle. Atlanta Marietta Inc. adds a separate $4 monthly administrative fee to the SDA premium.
4. Continue Payments Throughout Your Lease
The SDA premium and $4 administrative fee are required for the entire lease term. All payments are nonrefundable and are not credited toward rent or a future security deposit.
Benefits of the Security Deposit Alternative
- Lower Upfront Move-In Costs: Avoid paying a large traditional security deposit before moving in.
- Greater Financial Flexibility: Keep more of your money available for moving expenses, furnishings, and utilities.
- Convenient Monthly Payments: Pay a smaller monthly premium instead of one large upfront deposit.
- Simple Enrollment: Qualified applicants can enroll before signing their lease.
Traditional Security Deposit vs. Security Deposit Alternative
| Traditional Security Deposit | Beagle SDA Program |
|---|---|
| Full security deposit required upfront | No traditional security deposit upfront |
| May be refundable at move-out, less lawful deductions | Monthly premiums are nonrefundable |
| Funds held as security for lease obligations | Monthly premium plus separate $4 administrative fee |
| No monthly deposit premium | Payments required for entire lease term |
| Tenant responsible for damages and unpaid charges | Tenant remains responsible for damages and unpaid charges |
Important Program Terms
Before enrolling, please understand the following:
- Nonrefundable Payments: All SDA premiums and administrative fees are nonrefundable.
- Full Lease Commitment: Monthly payments are required throughout the entire lease term, even if no claims are filed.
- Tenant Financial Responsibility: The SDA does not eliminate your responsibility for unpaid rent, damages beyond normal wear and tear, or other lawful charges under your lease.
- Not Renters Insurance: The SDA does not cover your personal belongings or replace required renters insurance.
- Program Approval: Participation is subject to tenant screening, eligibility requirements, and approval.
- Program Limitations: All benefits, coverage limits, exclusions, and claims are governed by the applicable Beagle program agreement.
Important: While the SDA reduces your initial move-in expenses, the total nonrefundable payments over your lease term may exceed the amount of a traditional refundable security deposit.
Ready to Make Your Move Easier?
The Beagle Security Deposit Alternative Program can help reduce the upfront cost of moving into your new home.
Ask our leasing team about SDA eligibility and monthly pricing before signing your lease.
Atlanta Marietta Inc.
Trusted. Experienced. Proven.
Program participation is optional and subject to approval. Monthly premiums, administrative fees, benefits, and exclusions are governed by the applicable program documents and lease agreements.
Frequently Asked Questions
Answers to your frequently asked questions
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Is everyone eligible for the SDA Program?
No. Applicants must meet our rental screening requirements and qualify for the program. Approval is not guaranteed.
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How much will I pay each month?
Your monthly SDA premium is determined by Beagle. Atlanta Marietta Inc. adds a separate $4 monthly administrative fee. Your total monthly cost will be disclosed before enrollment.
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How long must I pay the SDA premium?
Payments are required for the entire lease term, even if no damages occur or claims are filed.
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Will I receive my SDA payments back when I move out?
No. SDA premiums and administrative fees are nonrefundable.
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What happens if I damage the property?
You remain financially responsible for damages beyond normal wear and tear and other charges legally owed under your lease. The SDA does not forgive or eliminate these obligations.
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Is the SDA the same as renters insurance?
No. The SDA is designed to provide certain protections to the property owner. It does not cover your personal belongings or replace required renters insurance.
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Can I choose a traditional security deposit instead?
Yes. Qualified applicants may choose to pay the traditional security deposit rather than participate in the SDA Program.




