RENTAL FEES

LEASE SET UP FEE

The lease set-up fee pays for the following special housing services & enrolls you in the student rental housing program:

Renter screening & application document processing for graduate students & medical/working professionals.

  • Verify school/work acceptance information in lieu of credit checks/tenant referral.

Provide house share rental program lease for each resident to sign an individual room lease and share a condo unit with other qualified renters

  • The student rental housing program can match you with housemates to live with. You will be responsible for the lease of your own room and shared usage of the common areas of the house. You will only be responsible for rent payment for your own room. If any of your housemates leave or are unable to pay their rent, you would not be responsible to pay their rent or find a replacement housemate.

House rules for student rental housing program

  • The student rental housing program lease agreement includes special house rules created to accommodate the most common concerns that students/working professionals have when living in a shared space. Over the years we have taken feedback from our residents to help create good faith house rules. They have been designed specifically with our residents in mind to help all housemates have a mutual understanding about the living arrangements – i.e. quiet nighttime hours, guest visitation, parking rotation schedule, etc. As a result, the student rental program has helped residents to best coordinate a stress-free living environment with their housemates.

New renter lease service fee: $200

Current renter relocation fee to different unit: $100

Current renter relocation fee to different room in same unit: $50

SECURITY DEPOSIT

$1,500 – refundable 30 days from the lease end date

     Payable in 2 payments:

     1st payment $500 – upon signing of Lease Application

     2nd payment $1,000 – upon signing of Lease Completion on the Move-In Day

SECURITY DEPOSIT REFUND

The security deposit money, less any required cleaning / repair cost, will be electronic bank transferred or mailed to your new address within 30 days from your lease end date.

MOVE-IN PAYMENT INFO

1. Lease set up fee $200

2. Deposit balance: $1,000

3. 1st month’s rent

   1st month’s rent is prorated, starting from the following day of your move-in day

LEASE PERIOD

One year Lease, from your move-in day to the following year. No short term lease or sublease available.