Version: March 4, 2025
Client (“Client” or “you”) has read, understands and agrees to be bound by the RentCafe Living Terms for Property Managers posted at: https://resources.yardi.com/legal/rentcafe/rentcafe-living/terms-pm/ (“Terms”), which shall govern Client’s participation in the RentCafe Living program (“RentCafe Living Program”) provided by Yardi Systems, Inc. and its affiliated entities (collectively, “Yardi”).
1. “Resident” means residents and prospective residents at a Client property.
2. Renter Essentials. Renter Essentials are available from Yardi, its subsidiaries, and its product and service partners (collectively, “Yardi and Partners” or “Y&P”). You expressly authorize, acknowledge and agree to allow Y&P to contact your Residents on your behalf in order to offer and provide certain products and services (“Renter Essentials”) directly to your Residents, including by (a) placing and maintaining advertising materials in the RentCafe online leasing workflow and resident portal, (b) sending text messages (including text messages sent via automatic telephone dialing system), (c) e-mailing (including by displaying your email address or domain as the email sender), (d) sending U.S. mail, and (e) any other methods that comply with applicable consumer rules and regulations (collectively, “market”). You expressly acknowledge and agree that you shall not interfere with such marketing by Y&P or with the ability of a Resident to receive Renter Essentials if they choose to do so, and that the marketing, offering, and providing of Renter Essentials shall not violate any other agreement, promise, or undertaking that you have with any third party. You further acknowledge, agree, and grant Yardi the right to access and use Resident Data (defined as your Residents’ names, addresses, phone numbers, email addresses, and lease details (which are used to determine if a unit is vacant, occupied, unavailable, to calculate rewards based on the lease amount, and the like)), which Yardi will only use (i) in connection with marketing Renter Essentials to Residents, (ii) for reasonable business record retention purposes, (iii) to disclose to third parties as required by applicable law, and (iv) to disclose and use to and by Y&P as necessary to provide the Renter Essentials. However, Yardi shall not share Resident Data with your competitors or use or sell Resident Data to anyone for any other purpose, except that a Resident who chooses to license and use any Renter Essentials may agree to privacy policies or other applicable terms and conditions applicable to the Renter Essentials where Residents authorize and consent to the use and sharing of their information in accordance with such policies and terms.
Renter’s Insurance Services. Additional terms of use (the “RI TOU”) apply, are incorporated into these RentCafe Living Terms, and are posted at https://resources.yardi.com/legal/peak/ri-tou/.
Obligo Security Deposit Alternative Services. Additional terms of use (“SDA TOU”) apply, are incorporated into these RentCafe Living Terms, and are posted at: https://resources.yardi.com/legal/rentcafe/rentcafe-living/obligo/.
3. Marketing Fees.
a. You will have the ability to earn marketing fees when your Residents sign up for certain eligible Renter Essentials from Yardi, its subsidiaries, and its product and service partners. The following products are currently eligible for a marketing fee as outlined below. As a condition of payment, you will need to provide Yardi with a W-9 and payment instructions.
| Renter Essentials | UOM | Marketing Fee |
| ResidentShield Insurance H04 Renters Insurance Master Policy | All units at eligible properties | $1.00/Unit/quarter |
| ResidentShield Power | Each new eligible ResidentShield Power resident account maintained for a minimum of 90 days (one-time payment) | $12.00/resident enrollment |
| Xfinity Internet (New) | Each eligible Xfinity subscriber account maintained for a minimum of 90 days (one-time payment) | $12.00/resident enrollment |
| Xfinity Internet (Transfer or Upgrade) | Each eligible Xfinity subscriber account maintained for a minimum of 90 days (one-time payment) | $3.00/resident enrollment |
| Obligo Security Deposit Alternative | Each eligible Obligo subscriber account (one-time payment) | $4.00/resident enrollment |
| IDIQ Credit Monitoring | Each eligible IDIQ Credit Monitoring subscriber account | $4.00/resident enrollment/year |
| IDIQ Historical Rent Reporting | Each eligible IDIQ Historical Rent Report (one-time payment) | $3.00/report |
4. Rewards by RentCafe Program.
a. When your Residents enroll in the RentCafe Living Program and sign up for eligible Renter Essentials, they will earn points that can be redeemed at thousands of retailers.
b. Client has the option to purchase points for the RentCafe Living Program and award such points to Client’s Residents at Client’s discretion, which points can be redeemed by Residents at thousands of retailers. Any purchase of such points is not refundable.
c. Reward points cannot be redeemed for cash or credit.
5. You agree to the following change in your previously agreed upon signature debit card fees as follows:
a. Where Transaction amount is equal to or greater than $1,000.00 but less than $2,000.00 per Transaction: $6.95
6. To the extent that Client has an existing contract with Yardi and/or one of Yardi’s subsidiaries for ResidentShield Insurance or ResidentShield Power, then such contract(s) shall continue in effect notwithstanding this amendment.
7. Client Representations, Warranties, and Covenants. Client represents, warrants and covenants to each of the following:
a. Client has full power and authority to enter into and perform its obligations under this Addendum.
b. Client has obtained any and all required consents from, and provided any and all necessary privacy notices to, Residents to enable Yardi’s marketing and implementation activities contemplated by this Addendum. Notwithstanding anything to the contrary in this Addendum, Client shall permit Residents to report their respective consumer account information to any credit reporting agency. Client shall comply with any legal requirement imposed upon Client by a credit reporting agency.
c. Yardi may list Client as participating in the RentCafe Living Program on Yardi’s websites and use Client’s logo(s) and marks in Yardi’s marketing and collateral materials.
8. Amendments to the Terms. Yardi reserves the right to add, delete or change the Terms at any time IN ITS SOLE DISCRETION, including but not limited to when such changes are required by Applicable Law or any other legal, regulatory, contractual or other requirement imposed by regulatory authority or any other entity involved in any way, whether directly or indirectly, with the RentCafe Living Program.