The Revised Rent Special & Bonus Program Effective December 4, 2009

The Revised Rent Special & Bonus Program Effective December 4, 2009

Revised 10/24/141.81

K&D APPROVED RENTAL DISCOUNTS& BONUSPROGRAMS

(Good Resident SelectionCriteria & Area Manager Approval Apply for AllDiscounts)

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Lease Today Program

*Application Fees of $35.00 can be Waived, But only on an Application with Money Occurs on Same Day as Initial Tour!!

- Record the Application Fee Waiveron the 0205 Form to credit the prospective resident’s ledger

- Complete 0111A Rent Incentive Form and send with lease paperwork

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Standard Deposit Specials for All Properties/Floor Plan Types

  • Approved PEP Applicants$99.00
  • Studio/1BR:$199.00
  • 2 BR:$299.00
  • 3 BR:$399.00

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Standard Rent Specials forAll Properties/Floor Plan Types

(All Discounts must be given individually; you may not give Double Concessions)

  • Preferred Employer Discount on the Year Lease on Market Rent Apt Only
  • 2.5% Off Market Rent on all suite types
  • Senior Discount on the Year Lease on Market Rent Apt Only
  • 2.5% Off Market Rent on all suite types
  • ½ Month Offthe First Full Month’s Renton the Year Leaseon Market Rent Apt Only (No Amortizing)
  • Can be Offeredon Any Suite Type
  • Full Month Offthe First Full Month’s Rent on the Year Lease on Market Rent Apt Only (No Amortizing)
  • Can be Offeredon any Suite Type
  • Selected Floor Plan Type Special Promotion (Approved by Area Mgr Only) (Listed on Availability Report)
  • Can Not be Offered when Suite has New Carpet or New Bath Upgrades

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Leasing/Sales Associate Bonus Program

  • $65.00 for every 12 month lease with No Concession
  • $65.00 for every12 month lease with a Senior Discount/ Preferred Employer Lease
  • $45.00 for every lease with:½ Month Offthe First Full Month’s Rent on a Year Lease
  • $35.00 for every Short Term Lease (Less than 1 year)
  • $35.00 for every lease with: Full Month Off Market Rent on a Year Lease
  • $35.00 for everyFloor Plan Type Special (Approved by Area Mgr Only)

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Leasing Manger Bonus Program on All Property Leases

Leasing Mangers can also collect the Leasing/Sales Associate Bonus when rented themselves!

  • $15.00 for every 12 month lease with No Concession
  • $15.00 for every12 month lease with a Senior Discount/Preferred Employer Lease
  • $10.00 for every lease with: ½ Month Offthe First Full Month’s Rent on a Year Lease
  • $10.00 for every Short Term Lease (Less than 1 year)
  • $5.00 for every lease with: Full Month Off Market Rent on a Year Lease
  • $5.00 for everyFloor Plan Type Special (Approved by Area Mgr Only) (Listed on Availability Report)

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Lease Renewal Bonus Program (Auto-Renewals Do Not Receive Bonus)

  • $15.00 for each resident renewed for 1 year 60-days prior to lease expiration in OneSite
  • $10.00 for each resident renewed inside the 60-day window prior to lease expiration in OneSite
  • $0.00 for each resident signed after lease expiration in OneSite
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