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Rental with a guarantor

planner
This topic came up in another forum.

Outside of tourist areas it's fairly common for rentals to require a "fiador" or guarantor.

The normal is two months deposit and first month up front plus the guarantor.

This person takes on the responsibility if the renter disappears without paying!  Legally you are not supposed to use the two month deposit to cover the rent, but it happens.

How to find a guarantor?  Friends. Business associates. Family. These are common.

You can pay a company a fee to act as guarantor. Some law firms / lawyers do this.

If you don't have one, try offering to pay more months up front! Sometimes they will wave guarantor with an additional 3 to 6 months up front.

See also

Living in Dominican Republic: the expat guide"Anything Goes" threadPre paid debit cardsUsing DR courier services for sensitive documentsTrip For a couple to the North CoastTiming of the residency application process (2025)Managing meals in Dominican Republic
DRVisitor
I am familiar with the security deposit and few months rent but not guarantor. How does that work they go after both people? What makes a guarantor to be able to pay as well?
planner
They technically can go after the guarantor for unpaid rent and or damages done.  Signing for someone is trusting them.
ddmcghee
Don't the guarantors have to be Dominican citizens? Or can legal residents also be guarantors?

We've never needed one here in LT.
planner
NO they don't. You just have to show ability to cover the  amount needed. I have guaranteed  before!

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