What does Padder Guarantor cover?

Padder Guarantor protects landlords against lost base rent if a covered tenant defaults during the first 36 months of the lease.

Covered events include:

• Missed rent (up to 12 months)
• Lease abandonment (including reletting time)
• Failure to move in
• Holdover after lease end

Not covered:

• Property damage
• Legal or enforcement costs
• Cleaning or maintenance fees
• Utilities or other non-rent charges