RentLock automates your entire rent collection process on Solana. Create a lease in 2 minutes. Get paid on time — every time. Disputes resolved on-chain. No banks, no lawyers, no chasing.
Venmo, Zelle, and checks were built for splitting dinner bills and paying friends — not for legally binding rental agreements worth thousands of dollars a month.
From lease creation to deposit return, every step happens on Solana. No middlemen, no paper, no calls to the bank.
Enter your property address, rent amount, security deposit size, tenant's Solana wallet address, due date, and lease duration. Click Deploy. The lease contract is written to Solana — immutable, timestamped, and publicly verifiable. Both parties see the exact same terms. No ambiguity, no fine print surprises.
Before your tenant can pay rent, they must lock the security deposit into the vault. The vault is a Program Derived Address (PDA) — a smart contract account on Solana whose private key doesn't exist. Nobody can access those funds without triggering the correct on-chain instruction. It's not in a bank. It's not in our custody. It's locked by math.
On the due date, your tenant sends rent to the escrow vault with a single wallet signature. The transaction confirms on Solana in under 400ms and is recorded permanently. No more “the check is in the mail.” No more NSF fees or bounced payments. The transaction either confirms or it doesn't — and if it doesn't, you know immediately.
When rent is in the vault and you're ready to collect, you trigger the release with a single transaction. The smart contract verifies you're the landlord, checks that rent was properly paid, deducts the 0.5% platform fee, and routes the remainder directly to your wallet — in under a second. No wire delays. No ACH hold times. No processing windows.
If a dispute arises — damage claims, non-payment, lease violations — either party can freeze the escrow by filing a dispute on-chain. The vault is locked. A neutral, staked arbitrator reviews the on-chain evidence (payment records, timestamps, signed lease terms) and issues a ruling. Funds are released according to the ruling. No small claims court. No lawyers. No 3-month waiting period.
When the lease term ends, you initiate the closure with one transaction. If the tenant is in good standing, their deposit is returned automatically to their wallet. If there are claims, trigger a dispute first. Either way, the settlement happens on-chain — no manual bank transfers, no waiting for a check to clear, no arguments about what was agreed.
Every rent payment is signed by the tenant's wallet and stored on Solana forever. The record can't be altered, deleted, or disputed. Perfect for taxes, audits, legal proceedings, or simply knowing who paid what and when — down to the millisecond.
You control when rent is released. No auto-drafts that bounce. No payment processor holds. No 3-5 business day delays. When you're ready to collect, one transaction sends it to your wallet instantly. The smart contract does the math — you get the money.
The security deposit is locked in a PDA vault that neither you nor your tenant can drain unilaterally. At lease end, you decide: return it cleanly or trigger a dispute. No risk of a tenant draining their bank account before you can file a claim.
Every dispute is settled by a staked, on-chain arbitrator who has no relationship to either party. The on-chain evidence — payment timestamps, signed lease terms, transaction history — is the record. No he-said-she-said. The blockchain decides.
Solana transactions cost a fraction of a cent — roughly $0.00025. No ACH fees. No wire fees. No payment processor taking 2-3%. The only fee is our 0.5% platform fee, which is deducted automatically at the moment rent hits the vault.
Connect your Phantom wallet. Enter the lease details. Click deploy. That's the entire setup process. The smart contract handles everything else — no bank account linking, no KYC, no waiting for approval. You're live on Solana in under 2 minutes.
| Feature | Traditional | RentLock |
|---|---|---|
| Payment proof | Paper receipt / screenshot | On-chain forever, cryptographically signed |
| Security deposit | Landlord's personal bank account | Smart contract vault — locked by math |
| Dispute resolution | Courts, lawyers, months of time | On-chain arbitration, resolved in days |
| Payment speed | 1–3 business days | 400ms on Solana |
| Transaction cost | $0.25–$35 per transfer | $0.00025 per transaction |
| Automatic receipts | Manual, paper-based | Generated on-chain for every payment |
| Fraud protection | None — trust the other party | Protocol-enforced, trustless |
| Audit trail | Paper records, easily lost | Permanent, public, immutable |
Connect your Phantom wallet and deploy your first on-chain lease in under 2 minutes. No bank account required. No approval process.