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. Once your appointment.
A non-refundable deposit which may be applied to rent is required in order to 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.
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 will 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:
· 1st month’s rent due @ 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 at signing.
Security deposit of 1.5 times the rent
due at move in along with an administration fee.
Please review the lease form before attending the leasing meeting.