1. Our leases offer the convenience of individual rent responsibility.
You will only be responsible for your (or your student’s) rent, meaning that you will never have to worry whether a roommate is paying their rent as it will not reflect on your account. Keep in mind that all roommates will be equally responsible for maintaining the common areas of the house and any damages in those areas will be billed equally to all. Residents are also responsible for their share of the electricity bill.
2. Renters insurance
We require all tenants to carry a renter’s insurance policy throughout their residency to protect from the unforeseen events that sometimes occur. While not required, it is also advised that you purchase insurance to cover personal belongings. You are free to utilize the insurance carrier of your choosing provided your insurance meets the minimum requirements of the property which will be provided prior to your move-in date.
3. Lease terms
Leases run from August through July. Residents will be responsible for an annual rental rate, which is then billed in 12 equal, monthly installments.
4. Who signs
Each resident signs their own lease. If applicable, a guarantor may also be required to sign on the resident’s behalf.
5. In the event that roommate changes are desired for any reason, please contact us immediately. Note that charges may apply to reassign a lease to someone else.
6. Screening criteria
All applicants are subject to a routine, criminal background check.
7. Lease Termination
Residents are expected to fulfill the lease in its entirety. In the event that a resident must vacate prior to lease expiration, they may be granted the opportunity to seek out a replacement resident to assume the remainder of the lease. Note that sublets are not permitted at any time. Please contact the rental office to discuss our re-rental process if the need arises. ** Please note that a break lease fee will apply for any re-rentals.