What happens if the tenant does not pay the monthly fee?
Failure to pay fees due shall not result in any increased risk to the lessor. The security remains in full. getmomo takes over the receivables management towards the tenant. If the direct debit continues to be unsuccessful and corresponding grace periods have elapsed, the guarantee agreement between our banking partners and the tenant will be terminated. This means that the full amount is due to the tenant and the bank pays the entire deposit amount to the landlord. The landlord is therefore also optimally protected in this case.