The
following information should be helpful in preparing for your move
to Denver and moving into your new apartment…..
APPLICATION
FEES: Most
properties in Vegas have an “application fee”
of approximately $25-$40.
This fee covers the cost of running a credit check and
verifying the information on your application, including your
rental history if you’ve rented before (or mortgage history).
Each occupant in the apartment over the age of 18 is
expected to fill out an application.
CLEANING
FEES: The majority
of properties in Vegas charge a one-time, non-refundable
“cleaning fee” upon move in.
This fee is sometimes called an “administrative fee”.
This fee is usually $75-$200.
SECURITY
DEPOSITS: Most
properties charge security deposits of $75-$300. Security deposits
are refundable upon move out.
Check with the apartment management to find out what you
need to do in order to receive a full refund of your security
deposit.
PET
DEPOSITS:
Properties
that take pets always charge pet deposits upon move in.
These deposits may be fully refundable, partially
refundable, or non-refundable, so be sure to find this out in
advance. Not all
properties take more than one pet, but those that do charge higher
deposits for additional pets.
If you have a dog that weighs more than 25 lbs., you will
definitely need help in locating the properties that take larger
pets. Landlords have the right to set their own policies on which
pets they will accept. Expect
to pay higher pet deposits for larger pets.
QUALIFYING:
Most landlords are looking for verification of local
employment with monthly income amounting to around 2 ½
to 3 times the monthly rental amount.
If you are transferring with the same company or starting a
new job and your credit and rental history are good, you should
qualify and normally will be paying just your first month’s rent
plus deposits on move in. If
you do not have local employment or if you have some credit issues,
you may have to pay 2-3 month’s rent plus deposits in advance.
If you have a foreclosure, eviction, or if you owe money on
a previous rental, you should expect to have a VERY difficult time
renting an apartment.
APPLICATION
PROCESS: Once an
application has been submitted to a property, it usually takes
24-72 hrs. to process the application.
You should then receive
a phone call notifying you of the acceptance or denial of your
application. Once
accepted (approved), you
should find out: 1) what your new address is, 2) what your total
move in amount will be, and 3) what
you need to do regarding utilities. Find out if the
apartment is all electric or gas and electric and also whether you
need to contact the utility company(s) before you move in.