Risk Free Rental
A large number of tenants just leave accommodation without paying for the utility bills. According to Eurostat, the utility bills debt of EU tenants is around 2 billion euro in 2018. As landlords are in a vulnerable position, they try to either estimate utility bills and include them in rental price or demand specific deposits securing such possible cases.
Adderra shifts full responsibility for utility payments and debts onto the tenant. The supply of water and electricity is possible only if tenants transfer the money in proper time to landlords account via Adderra smartphone application.
Moreover, landlords have three options to make tenants pay for the water and electricity: prepayment, postpayment and on a preset credit limit mode.
To benefit from this service Landlords only need to install ADDERRA meters for electricity and water in the rental property.