Our team understands that you are potentially looking at multiple properties and trying to make quick decisions. Therefore we work really hard to screen your applications within 24-48hrs from receipt, and submit to the owner of the property for approval. Once the owner gives their decision, we will quickly reach out toyou with their response.
You will receive your keys on the start date of your lease agreement. A lockbox will be attached to your front door, and you will receive a code via email by 10AM on the start day of your lease.
No water or electricity, No working toilets in the property, No power to refrigerator, No HVAC (> 82 degrees or < 50 degrees)
As stated in your lease agreement:
• Rent is due on the 1st of the month
• Rent is considered late on the 2nd of the month
• Tenants are given a grace period through the 5th of the month to pay their rent without a late fee.
• Any unpaid account balance on the 6th of the month will result in a 5% late fee
• The late fee is 5% of your rental rate. Example: If your monthly rental rate is $1,000, then your late fee is $50.
• Highland understands that occasional late payments may happen, but please remember that late payments are still considered a violation of your lease agreement. Frequent or habitual late payments may result in a non-renewal of your lease or even the potential for eviction.
• Please be sure to communicate any upcoming late payment to your property manager ASAP so that your Landlord can be made aware and surprises are kept to a minimum.
VERY IMPORTANT:
• Please understand that Highland is required to email all delinquent tenants a "10 Day Pay-or-Quit Notice" on the 6th of the month.
What does this mean?:
If a tenant is delinquent with their rent, they will be given a 10 day notice on the 6th of the month, which gives them 10 days to pay their balance in FULL. If a tenant is still delinquent at the end of this notice (day 17 and on), the tenant is now at risk of eviction. The Landlord will then have the legal right to file eviction paperwork against the deliqent tenant in order to regain possession of the property.
Based on the terms of your lease agreement, there are two official ways to terminate your lease early:
1) Show the leasing office a relocation order given to you by the military and your commanding officer.
2) Secure a “Relet”.
A Relet is someone who will take over your lease obligation and assume all unit and payment responsibilities to the landlord, including utilities and keeping utilities in your name until the new tenant(s) moves in.
An acceptable Relet for Highland Property Management will maintain the following:
● A credit score of 650 or higher
● An income of at least 3x the monthly rental rate
● Ability to pay a security deposit equal to one month’s rent
● Approved breed of pet(s), if applicable
If the potential Relet meets the above criteria AND has been given an in-person tour of the rental, they must then submit an application, be approved by the owner of the property, and, finally, sign a lease agreement taking over the remaining terms of your current lease agreement.
If you choose to terminate your lease early by securing a Relet, you will be required to pay a $250 non-refundable administrative fee. You may choose from the following two options:
Option 1: You advertise your unit
With this option, you will be responsible for…
● Paying the $250 non-refundable administrative fee
● Advertising and conducting all showings of your unit; Highland will not vet inquiries, market, or show your property
● Forwarding the contact info of eligible candidates to our office so that we can have the prospect(s) fill out an application
● Keeping all utilities turned on and in your name until a Relet has been secured
● Making all monthly rental payments on time until a Relet has been secured
Option 2: We help you advertise your unit
With this option, Highland will:
● Advertise your unit across 20+ websites
● Vet all inquiries and ensure potential Relets meet our criteria
● Conduct showings of your unit
● Work alongside you to find a Relet as soon as possible
If you wish to have Highland advertise and show your property, this service requires a $500 non-refundable marketing fee in addition to the $250 non-refundable administrative fee. Highland is happy to help you throughout this process by marketing and showing your property, but we cannot do so until the $500 fee has been paid in addition to the $250 fee.
*Please note with Option 2 that Highland Property Management will expend every effort to secure a Relet for your unit, however, we cannot guarantee a Relet will be found. You will still be responsible for keeping all utilities turned on and in your name, and making all monthly rental payments on time until a Relet has been secured.
You may reach out to your property manager, and request a copy of the Relet Policy. They will be happy answer any questions you might have.