Application Process (Renters)

Showing 11-18 of 18 Q&A

Select Category

Are landlords ever willing to negotiate the monthly rent and accept lower offers when a prospective renter submits an application?

This is purely a case-by-case situation.  There are many factors that could apply, but obviously a full offer on the asking price will generally give you best chance at securing the apartment...

What are typical rental qualification requirements for a guarantor to be accepted by a landlord?

My guarantor has concerns about providing private financial information to the landlord for my rental application. What should I do?

This is a natural reaction and it is certainly something that you and your guarantor need to be careful about.  It is a standard practice for landlords and management companies to require...

Should I get a receipt when submitting an application fee or deposit for an apartment rental?

Yes, you should definitely obtain a receipt or some form of documentation when handing in any fee or deposit, especially when cash is involved.  You always want to protect yourself and possess...

What are some effective ways to potentially get a landlord to agree to a lower monthly rent, when I submit an offer?

Getting a reduction in monthly rent would require you making an offer of less than the asking rent for a particular apartment.  Put yourself in the landlord’s shoes and think about what...

What are the factors that help get a rental application approved by a landlord or management company?

Management companies / landlords possess various application requirements, but generally share similar policies with respect to good credit, adequate income, employment and guarantors (if applicable).  The most important aspects of any application...

What is the purpose of submitting a deposit when applying for a rental apartment?

Some management companies / landlords require a deposit when submitting an application for an apartment.  The deposit can be several hundred dollars to one month’s rent and is used to ensure that...

If I am applying for a condo or co-op rental, how long should I expect the approval process to take?

The application process for condo / co-op rentals (sublets) can vary from about a week to closer to a month, if not longer.  Several factors that could influence this are board approval...