As of the 2019-2020 Lease Term, the Security Deposit for an apartment is $1,500. Security Deposits cannot be used to pay for the last month’s rent.
How much is the application fee?
The application fees are: $50 per Tenant Application and $50 per Guarantor Application.
Who must fill out an application?
Prospective Tenants: Each adult (person over 18 years of age) planning to occupy the apartment must fill out an Application for Tenancy. Prospective Guarantors: Each guarantor, who plans to financially guarantee the lease, must fill out a Guarantor Application. Guarantors are financially guaranteeing the lease. Guarantors are not considered Tenants of the apartment they are financially guaranteeing and, therefore, do not have the … Read More