Rental Due Dates: For our semester leases fall semester rent
is due on July 31st, spring semester rent is due October 1st, and summer
semester is due April 1st. (If you are a financial aide recipient see below).
For our yearly leases rent is due on the 1st of each month.
Financial Aide: If you receive financial aide, including
grants and or loans, we will hold a rent check for you until you receive your
refund check. To take advantage of this flexible payment option, you must
provide us with a check for your rental amount on or before the due date along
with proof that you will be receiving grants and or loans. We will hold your
check until October 1st for fall semester rent and February 1st for spring
semester rent it’s as easy as that.
Late Fee Policy: Our late fee policy is as follows: Any
semester rent not paid on or before the due date is assessed a $50.00 late fee.
Any monthly rent that is not paid on or before the 1st of the month is assessed
a late fee of $10.00 plus $1.00 for each day not paid.
Security Deposits: The security deposit amount for our
semester leases is $175.00 per person - a minimum of $350.00 per apartment. The
security deposit amount for our year leases is the amount of one month’s rent.
Security deposits are refundable, less any charges, and are returned within 30
days of the move-out date.
Pets: We do allow pets with the payment of an additional pet
deposit and a signed pet agreement. The pet deposit is refundable, less any
damages, and is returned within 30 days of the move-out date.
Free Summer Holdovers: If you renew your lease for the
following year, but are leaving for summer break, we offer a free summer
holdover. Our free summer holdover allows you to keep your belongings in the
same apartment during the summer without any additional charges. By taking
advantage of our free summer holdover option you never have to move until you
Repairs & Maintenance: All of our properties are well
maintained, but we do know things break. If something needs repaired at your
apartment all you need to do is call the office at 814-734-7464 and put in a
work order. If you have an urgent repair, we have an emergency line for you to
call and leave a message. The number to call for an emergency repair is
814-734-7711. The emergency line is checked frequently; emergency repairs are
responded to in a very timely manner.
Move-in and Move-out Dates: For semester leases the move-in
date is the Saturday prior to the start of fall semester. The move-out date is
the Saturday that classes end.
One Semester Leases: At Therasse Rentals we offer a limited
number of one semester leases. This option is available to our current tenants
Summer Storage: We offer free summer storage to our future
tenants. You can make arrangements for summer storage by signing a storage
contract at our office. We will then give you further instructions depending on
the size storage you need.
Move-out Policies: Upon moving out you must have your
apartment cleaned, carpets professionally cleaned, and turn your keys in at the
office, along with a self-addressed stamped envelope. We will send a check-list
prior to you moving out to assist you with the proper procedures.