We have a criteria.. please see below.
Qualifications/Guidelines/Requirements.
1. Must be transferring up. 1x1 to 2x1/2×2 etc.
2. Must be a resident a minimum of 6 months
3. Transfer Request Form (tenant/manager sign &fill)
4. Transfer fee of $350 must accompany Request Form. Original deposit will not be touched and transfer to new unit.
5. Current lease not need to be expired, however new unit will not continue current lease term. A 12-14month must be signed at time of transfer.
Process
1. Tenant Fill form out/pay fee
-Current Unit & Market Rent
-Request info .. ( Need bigger home 2x2)
-Select Requested floorplan and/or unit # and market rent
-Preferred Transfer Date
2. Submit form for approval
3. Manager Conduct Proper Audit
-Notice to Enter-for housekeeping
-# of late fees, NSF, etc.
-Lease infractions
-Resident complaints
-Proof of income for income qualification for new rental amount.
4. Fill out Audit info on Request form.
5. Approve/Deny
Approve:
Post transfer with Transfer Date and New Rent.
Request updated paperwork,filled out application if more then 2 years old (will not run credit), vehicle registration, photo id, proof of income, etc. Original paperwork will stay in old file of old unit. New docs will go in new folder.
Proof of utility transfer and renters insurance for new unit prior to taking possesion.
Draw up new 12-14month lease for transfer date.
Rent $ for old unit will be prorated if moving mid month. Credit will be applied to new unit. Once accounting has completed moving credit and deposit over to new unit. Balance for new unut is due at this time.
Denied:
Provide Denial Letter with reason.
Ex. At this time we are unable to accomadate your request to transfer due to, excessive late payments, lease infractions, housekeeping etc. Your $350 transfer fee will reflect as a credit on your account, please make next months payment less then $350.
Obviously, per annual unit walks and delinquency, you should have a pretty good idea if they are eligible at time of request. At this time you can choose to inform them that they are not currently eligible to save them the $350, obviously its a request and even then if they choose to still request we can not deny them of that right, just like we would not deny anyone the ability apply.
Hope this helps. I am currently under a COMPLETE RENOVATION, and I am doing A LOT OF TRANSFERS!