Q. What do you mean by individual leasing?
With this type of lease, you are only responsible for your own rent. You're not liable for the roommates' rent at all! Unlike a traditional lease or a joint lease, if your roommate transfers or graduates, you have nothing to worry about.
Q. Do I need renters insurance?
In our effort to create a more enjoyable living environment for the student renter, we now require all residents to carry an active renter's insurance or tenant liability policy during their lease term. Requiring basic liability coverage has become a common practice in apartment living to provide peace of mind and protection from the unforeseen events that sometimes occur. Our required tenant liability coverage works to protect the resident from liability exposure created while your student is away from home, including but not limited to negligent damage to the apartment unit, negligent damage to another resident's property or even injuries to guests while visiting. Or if you choose to enroll in a more robust renter's insurance policy, you may be able to protect belongings such as text books, phones, electronics and other valuables in the event of theft or destruction. As long as your chosen policy meets the minimum coverage outlined in your lease agreement, feel free to pick any provider you feel is the best fit for you. If you don't feel like searching for an insurance provider, we offer an easy way to enroll in the minimum liability only coverage as part of your rent payment. If you know you want additional coverage on your belongings but don't want to shop around, we have identified a national insurance provider specializing in student renter's insurance coverage. EPremium Insurance has agreed to provide a comprehensive policy to residents at our communities at a preferred group rate!
Q. What is roommate matching?
We offer free Roommate Matching to our residents. You don't have to worry about finding a roommate online or flyering the entire campus, we'll do the work for you and all you have to do is simply fill out a questionnaire.
Q. Do I need a guarantor?
While having a guarantor is not a requirement to lease with us, it is definitely recommended.
In order to qualify without a guarantor, you will be required to provide your three most recent pay-stubs and they most show that your income is at least five times your monthly rental amount. In addition, you must pass a credit screening with a minimum score of 7 out of 10 and pay a one month security deposit. There could be an additional month's deposit required depending on the results of the credit screening. The only other way to be approved without a guarantor is to pay the lease in full upfront.
If you apply with a guarantor, you will not be required to submit your pay-stubs or pass a credit screening. Your guarantor will be able to complete their application online and receive a screening decision immediately upon the completion of their application. To review the guarantor qualifying criteria, please refer to the beginning of the application.
Q. Do I have to be a student?
You don't! As long as you meet our qualifying criteria you're welcome to apply and sign a lease!