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Frequently Asked Questions
Here at Granite, we’re ready to answer any questions you may have about renting an apartment. Reference this quick list of FAQs to get started.
Security deposits are paid when signing a lease and are used for any turnover costs associated with returning the unit to move in condition. The security deposit will be used to cover any damages, repairs, materials, cleaning costs, painting costs, unpaid rent, additional rent, and late charges. The market rate for carpet cleaning will also be deducted from the security deposit.
Apartments will be shown on a rotation as units are available. Once your apartment is renewed by you or a new tenant has signed to move in, we will remove it from the showing list.
No. All executed leases are not cancellable.
Yes, tenants are given the option to sublease during their lease term if they are no longer wishing to utilize the apartment. Tenants and sublessees must complete a sublease agreement and pay any necessary fees before the sublease takes effect. A lease release may be available if the tenant secures a replacement prior to the commencement date of the lease agreement.
Granite offers a damage waiver program which will fulfill the liability damage coverage requirements for an additional fee. Tenants are automatically enrolled in the damage waiver program which covers the tenant for damages of up to $100,000 to the Landlord’s property due to the negligent action or inaction of the Tenant or Tenant’s occupants or guests for the following causes of loss: fire, smoke, explosion, backup or overflow of sewer, drain, or sump, water damage, and falling objects. Residents may provide a relevant qualifying certificate of insurance and opt out of the damage waiver program.
Prospective renters must complete a rental application and be approved. Once approved, a lease agreement needs to be signed and both a security deposit and administrative fee need to be paid. The lease is not valid until all signatures are applied by the tenants and the security deposit and administrative fees are paid.
Yes, you may pay your rent with financial aid. Those paying by financial aid will be required to email firstname.lastname@example.org in order to receive the policy information and fulfill all necessary requirements, which will include providing financial aid information and signing an additional addendum.