Obligo’s Electronic Deposit Refund solution enables property managers to refund cash deposits electronically, both to renters who paid their deposit via Obligo and to renters who paid cash deposits to you independently.

You can create deductions or refund the entire deposit amount to the resident when their lease ends. The resident will be notified about any deductions and will be able to choose if they wish to get the money back electronically or via paper check. If the renter chooses to receive their refund via paper check, Obligo will confirm their forwarding address with them.