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The Rental
Process
Finding and
securing housing can be confusing. Especially to new
students. This document was designed to break down the
process in securing a FeinSum Housing Unit.
1. First
step is to select a house.
This is done by scheduling a time and date with FeinSum.
They will meet you at a designated property and tell you
details about the property such as: Utilities included, what
else is included, appliances and furnishings included, what
you can and can’t do as a tenant—Rules and Regs, security,
the neighborhood etc. Please bring a list of questions that
would help you and your parents feel comfortable about your
decision to rent a house.
2. Know
the rules.
You can see all our rules and important student information
on our website at www.feinsum.com under “Student Survival”.
3. Reserve
it.
Once you have selected a house you must then secure the
house. This makes it so no one else can rent the house and
it will no longer be shown. Your spot is committed. You do
this by coming to the FeinSum office and providing a $400
Reservation. The Reservation Fee is
non-refundable so it’s important that you are confident that
you want the house/apartment and everyone is in agreement.
The $400 Reservation Fee may be credited to your account if
a lease is fully executed and all payments have been made as
stipulated in the lease. You may also reserve a house on our
website. This will only hold it for 24 hours. Your $400
Reservation is the only thing that will secure it permanently.
Important! Example: If the house is for four students we
must have all four Reservations before we can secure it for the
group. The house will continue to be shown until four
Reservations are made. Fill out a
Reservation
form to include with your Reservation Fee.
4. Reservation
Forms.
A reservation form is filled out at the office. This will
give our office important contact information. This is a
signed document that states that your reservation is
non-refundable.
5. Get
a lease.
When you come to the office, to register, you will be given
a lease. Your lease must be signed by BOTH parents. You
will have 10 days to return your signed lease to the
office. If it is not returned, within the ten days, it is
at FeinSum’s discretion to open the house back up to the
rental community.
6.
It’s yours!
After you have selected a house, understand what is
expected, reserve it with all deposits required, fill out a
reservation form and submitted your signed lease—you are
done. The house/apartment is yours.
7. Payments.
As a tenant you will be responsible for two installments.
One installment is paid June 1st, of your lease year, and
the last installment is paid November 1st of your lease
year. Please be prepared that these payments are due before school commences.
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