Program Rules

SmartRent is Bozzuto’s rent-to-own program which gives you the opportunity to earn credit for the time you rent at participating Bozzuto managed properties. It offers a great opportunity to build up funds towards the purchase of a new Bozzuto home. Residents at participating Bozzuto managed properties will earn $350 per month toward the purchase of a new Bozzuto home, up to a maximum of $10,000.

SmartRent funds are credited to you at the time of settlement and can be applied towards closing costs or to reduce your monthly payments. They do not replace the required earnest money deposit funds at time of contract or interim deposits due during the purchase process. Please consult the Community Sales Manager at the new home community of your choice for details.

When you sign a lease at a participating Bozzuto managed property, you will automatically be enrolled in the SmartRent program and will start earning SmartRent credits immediately. Your leasing consultant will help enroll you in the program and will provide an account log-in and password. If for any reason you do not wish to participate in SmartRent, please notify your leasing consultant. In order to start earning credits toward a new Bozzuto home, you must be registered in the SmartRent program. Once your account is active, the credits you accumulate will appear in your SmartRent account. You can log in to www.bozzuto.com/smartrent at any time to see what credits you have accrued towards a new Bozzuto home.

You are eligible to use the credits after 12 consecutive months of occupancy at a participating Bozzuto managed property. As a resident of a Bozzuto managed community, you are already a Bozzuto customer; therefore, the new home purchase excludes the presence of a Realtor in the transaction. However, SmartRent funds may be used in addition to other promotional offers at certain Bozzuto Homes communities. Please check with the Community Sales Manager at the new home community of your choice for details.

If you move to another Bozzuto managed property with a break in renting that does not exceed two months, Bozzuto Homes will honor the existing SmartRent credits. If your new Bozzuto managed community participates in the SmartRent program, you will begin accruing additional SmartRent credits immediately upon the start of your new lease. If your break in renting exceeds two months, any SmartRent funds you have previously accrued will expire. SmartRent credits have no cash value.

You are eligible to use your SmartRent credits after 12 consecutive months of living at a participating Bozzuto managed community. Once you have a valid contract on a new Bozzuto home, please notify the Property Manager where you live. Your lease will continue to be in effect per the existing terms. However, your SmartRent credits may be used towards lease break or other incurred fees resulting from breaking your lease agreement. Please note that SmartRent credits are not redeemable until you close on your new Bozzuto home.

Program rules and eligibility requirements are subject to change without notice. By registering in the SmartRent program, you agree to receive notifications and promotions from Bozzuto Homes. SmartRent funds cannot be used with the purchase of a moderately priced home (MPDU or MIHU) as provided through various county programs. Due to the complications of splitting SmartRent funds, we can only allow one SmartRent participant per apartment unit. SmartRent funds are not transferable.