The landlord of one Dallas apartment complex is promising two months' free rent if its tenants lose their jobs.
The company says layoffs have become the No. 1 concern for prospective renters. In response, the company's "Layoff Proof Lease" program, as it's called, will begin Saturday.
Tenants will qualify after they've signed a 12-month lease and have made three rent payments. Goldberg says when they provide a termination letter or other proof of job loss, they will receive 60 days rent-free, and after that time they may back out of the lease.
The latest news from around North Texas.
Senior vice president Jordan Goldberg says his family's company hopes its offer will attract new tenants to its properties and help retain current ones.