There is no need to tie up your funds. The days of your security deposit money being locked away, collecting dust, are over. Residents who qualify for Obligo are not required to pay a security deposit with Royal Realty.

Obligo will securely test your bank account and available credit to see if you qualify for the deposit-free option. If you don’t qualify, or if you prefer to pay a conventional cash deposit, you can do so using the same online process.

Obligo members have used the deposit money they saved for savings, to invest, or to reduce debt.

If you are interested in this option, please let your Property Manager know during the rental application process.