Revised 11/20/14 1.60
RENTDISCOUNTS AND SPECIALS
ADVERTISED SPECIALS/DISCOUNTSCRITERIA:
- 12 MONTH LEASE TERMS ONLY
- OFF OF “MARKET RENT” ONLY
- BASED ON “GOOD CREDIT” PER ALL FACETS OF OUR LEASING CRITERIA (2.1-2.4)
- NOT TO BE MARKETED TO EXISTING RESIDENTS
- RESIDENT MUST SIGN RENT CREDIT ADDENDUM FORM (#0111)
STANDARD REDUCED SECURITY DEPOSIT AMOUNTS ARE AS FOLLOWS:
- All Floor Plan Types $99.00
**For PEP & Select Properties Only - Must Qualify & Hold Apartment on Initial Visit
- Studio / 1 Bedroom$199.00
- 2 Bedroom$299.00
- 3 Bedroom$399.00
Thishighlighted text belowmust be clearly stated on the Rent Credit Incentive Addendum (0111) Paragraph 1, using this exact format listed below:
EX: Resident will be given a ½ off First Full Month.
Resident has received from Landlord rent credits and/or incentive(s) in the form of:½ Month Off Rent Special = $400.00 Discount for the Month of October 2012
EX: Resident will be given a Full Month Offthe first full month’s rent.
Resident has received from Landlord rent credits and/or incentive(s) in the form of:Full Month Off Rent Special= $800.00 Discount for the Month of October 2012
EX: Resident will be given a Rent Creditover a 1 year term.
Resident has received from Landlord rent credits and/or incentive(s) in the form of: $67.00 Rent Credit for Months of August 2012 through July 2013
1.61
SENIOR DISCOUNTS
SENIORS (62 yrs and older): Will be given a Reduced Security Deposit and a 2.5% Discount off of “Market Rent” at Move-In and at Every Renewal Regardless of Occupancy Rate.
SENIOR DISCOUNTS CRITERIA:
- 12 MONTH LEASE TERMS ONLY
- OFF OF “MARKET RENT” ONLY
- BASED ON “GOOD CREDIT” PER ALL FACETS OF OUR LEASING CRITERIA(2.1-2.4)
- NO CHANGES WITHIN LEASE TERM
- MUST SIGN RENT CREDIT ADDENDUM FORM (#0111)
REDUCED SECURITY DEPOSIT AMOUNTS ARE AS FOLLOWS:
- Studio/1 Bedroom$199.00
- 2 Bedroom$299.00
- 3 Bedroom$399.00
EX:Market Rent is $800.00 a senior will receive a 2.5%discount or $20.00.
This information must be clearly stated on the Rent Credit Incentive Addendum (0111) Paragraph 1, using this exact format listed below:
Resident has received from Landlord rent credits and/or incentive(s) in the form of:2.5% Senior Discount=$20.00.
1.70
PREFERRED EMPLOYER PROGRAM (PEP)
PREFERRED EMPLOYER DISCOUNT CRITERIA:
- 12 MONTH LEASE TERM ONLY
- OFF OF “MARKET RENT” ONLY
- BASED ON “GOOD CREDIT” PER ALL FACETS OF OUR LEASING CRITERIA(2.1-2.4)
- RESIDENT MUST SIGN RENT CREDIT ADDENDUM FORM (#0111)
- EMPLOYMENT VERIFICATION REQUIRED EVERY YEAR TO RECEIVE THE DISCOUNT
BENEFITS:
-2.5% Discount off Market Rent- With Approved Credit
-$99.00Security Deposit–On All Floor Plan Types with approved credit
-Job Transfer Addendum (0225)– must be signed at original lease signing
- After six (6) months of occupancy, resident may terminate rental agreement with thirty (30) days written notice
- Pay additional two (2) months rent
- Resident shall provide evidence of Employer’s relocation requirement
- Resident shall provide forwarding information
-Job LossAddendum (0227) – must be signed at original lease signing
- Resident must occupy the apartment for six (6) months
- Resident must be of laid off as a result of a downsizing or merger – not due to termination
- Proof must be provided at the time of lay off to qualify for the 1st 30 days free rent
- Proof must be emailed to Cheri Ashcraft () for verification
- After First 30-days, tenant must provide continued unemployment evidence to qualify for the additional 30-days free rent
- After60-days of rent, the tenant may terminate the lease without obligation
-Free Pool Passes – (Where Applicable)
-Reduced Garage Rate – $5.00 Discount Off Monthly Market Garage Rate (One Space Only) (Where Applicable)
-Reduced Renewal Rate - 2.5% discount of Market Rent - resident must provide current pay stub from Preferred Employer to verify employment
This information must be clearly stated on the Rent Credit Incentive Addendum (0111) Paragraph 1, using this exact format listed below (start/end date needed for employment verification at renewal):
Resident has received from Landlord rent credits and/or incentive(s) in the form of:2.5% Preferred Employer Discount = $20.00for Months of August 2014 through July 2015.