Frequently Asked Questions
Here are some of the questions we get asked most often. If your
question isn’t answered here, please feel free to contact us.
A joint and several lease means that in the case of multiple residents, each roommate is jointly and severally liable for all rent on the apartment and for fulfilling all terms of the Lease Agreement. The total amount of monthly rent and all other charges is the responsibility of all of the residents and is to be decided between the residents of who is responsible for what amount. Since the lease is joint and several, we are required to inform all residents and guarantors of account activity.
Our applicants are required to show a monthly income of 3x the total monthly rent or they may choose a qualified guarantor. In addition to having adequate income, the applicant or the applicant's guarantor must have a good credit history. If the applicant is currently leasing, a rental history will also be obtained. For proof of income, we can accept an employment contract, bank statements, pay stubs, an I-20 F-1, a DS-2019 J-1, or student loans.
Renters insurance is required for residency. Each person on the lease would need to obtain a Renters Insurance Policy and provide a copy to the Leasing Office before occupancy. If a parent's homeowner's policy will cover the student or dependent while living away from home, we may accept proof of coverage by providing us with a declaration policy page and a cover letter stating coverage at the apartment for the duration of the lease term. All policies must state the Resident's first and last name, Policy Number, Coverage Dates, and the policy must be current at the time of move in Personal Liability Coverage
Your rent is due on the 1st of every month. However, you do have until 5PM on the 5th to pay without a penalty. - A late charge of 10% of your total monthly rent will be applied to your account if payments are received after 5:00pm on the 5th. - If mailing your payment to the office, the payment must be received by 5pm on the 5th to avoid the late fee-regardless of the postmark.
We do request that the resident notifies the leasing office if maintenance is needed in the apartment. This is to ensure the resident(s) is aware that maintenance will be coming into the apartment.
Only the residents on the Leasing Rental Agreement may have access to the apartment. If the resident is not at home and would like the office to provide a key to a third party, the resident may send a Key Release Authorization to our office.