2. I WANT TO SEE IT NOW! Cool. Here's
how to see one of our Big House Rentals:
AN APPOINTMENT TO VIEW YOUR SELECTIONS: Please contact us to set up an appointment to meet you at the house. We need at least 24 hours to give the current tenants
notice we are coming over.
- BE SPONTANEOUS: It is a
long tradition at U of M that students find their own ways inside houses that they are interested in seeing. We don't encourage
this method but we can't stop it either. Current tenants may be willing to show you the house. If they allow it, please
be respectful of their time, space and belongings.
3. I LOVE IT! HOW DO I KNOW IF THE HOUSE
IS AVAILABLE FOR NEXT YEAR? AND when can I sign the lease?
Send me an application for each person in your group and an email with the people in your group and I will let you know when
we can sign the lease.
THIS HOUSE IS AWESOME! I'M READY TO SIGN THE LEASE. WHAT TO I NEED TO DO NOW?
· We suggest that you get your APPLICATION to us ASAP. We will show th eunit to you when it is available.
Once your application is accepted on an AVAILABLE property we will call you to set up a leasing hold the lease until it can
be signed once applications are accepted. A npn-refundable deposit/reservstion fee is required to hold the property
until the leasing.This deposit will hold the property to the leasing date if we need to
wait until the 70 day ordinance period passes. This deposit will be applied to your first months rent which
is due at signing.
· We offer availability to
those applicants who have submitted applications and their deposit.
· Once you are notified of the availability of a unit, you will need to sign the lease within 48 hours or the
lease is not guaranteed to your group and may be offered to the next group who has submitted applications, fees and deposits.
You will need to bring the following
to the lease signing: payment equal to one and a half month's rent which is your security deposit plus $75 per person
adminstrative fee. Any pre-paid reservation fees or deposits will be applied to these charges. Also bring your driver's
license or other identification.
5. Do we all have to be there for the signing? That would be best. However, if someone is missing due to a
schedule conflict, the lease can be signed by the rest of your group and the missing party can sign later. However, all rent
must be paid at the time of signing.
6. Who has to sign the lease? All the people who are going to live in the house should sign the lease.
lease is a legal contract and therefore requires all the above requirements are met.
How long does it take to sign the
lease? That depends on your group and how prepared you are. Generally 15 minutes – 1 hour. Here
is the link to the lease form. Please read it prior to our leasing meeting.
HERE'S SOME BASIC LEASE INFORMATION:
Security deposit of up to 1.5 x rent due and your $75 administrative fee per person@ lease signing.
· Any deposits made prior to signing will be applied toward the first month’s
rent that is due. You will have 48 hours to set up a leasing meeting once you have been notified that the property you
have a deposit on is available for leasing.
An application for each Lessee is due before
or at signing.
month's rent due on or before the April 15th for May leases and August 15th for September leases.
· Please review the lease form before attending the leasing meeting.