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Do property management companies go through a qualification process to use Obligo?
Do property management companies go through a qualification process to use Obligo?
Karolyn avatar
Written by Karolyn
Updated over a year ago

Yes, Obligo reviews the property management company’s deposit charge histories to ensure they are in line with industry averages. Because Obligo guarantees payment of charges, we screen for high charge rates to ensure fair treatment of renters and business sustainability. Ultimately, we only work with property owners and managers who treat their residents well.

Obligo also facilitates the basic KYC (Know Your Customer) and AML (Anti Money Laundering) protocols of its payment service providers, to ensure the legitimacy of the property management company and the associated legal entities.

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