Prime Place Stillwater, Stillwater

Guarantor Requirement

• A guarantor is generally required unless you provide documentation that you make 3x the monthly rent.
• Applicants may qualify using one of the following options:
• Domestic Guarantor
• Self Guarantor (Applicant)
• Approved Third-Party Guarantor
• A qualifying guarantor must have a minimum annual gross income equal to 36 times the monthly rent.
• International applicants who are unable to qualify independently or provide an accepted domestic guarantor may enroll with the approved third-party guarantor service, LeapEasy, subject to the property's policy and successful enrollment.
• LeapEasy is accepted as an approved third-party guarantor option for applicants who do not have a qualifying guarantor.
• Supporting documents may include:
• Bank statement
• Income proof (pay slips)

Mode Of Payment

• Accepted payment methods include: Credit Card, Debit Card, Cash, Bank Transfer, Money Order, Cashier's Check, Cash App Pay, and E-check.
• Cash payments can also be made via MoneyGram.

Additional Fees

• Utility Charge Fee:- $50.00 Per Installment
• Community Fee:- $30.00 Per Installment
• Parking:- $45.00 / Month
• Monthly utility fee:
• Studio and one-bedroom apartments: $75/month
• Two-bedroom apartments: $65/month
• Three- and four-bedroom apartments: $50/month
• Pet Rent: $75 monthly
• Pet Deposit: $150 one-time nonrefundable
• Pet Registration Fee: $25 annually per pet
• Unauthorized Pet Charge: $500
• Animal-Policy Violation Fine: $50

Security Deposit

• No security deposit is required.
• One monthly rental installment is due on or before the first day of the month in which the lease begins.
• You need to pay a $50 application fee and a $195 move-out service fee.

Pay In Instalment

• Rent is due on the 1st day of every month.

Cooling Off Period

• There is no cooling-off period once the lease has been signed by both the owner and the resident.
• After the lease is signed, the resident remains responsible for the rent for the full lease term unless an approved lease replacement or lease buyout is completed.

Early termination by students

• Residents may qualify for an early lease buyout if the property is at least 95% occupied.
• The resident must provide 60 days' written notice.
• The resident must pay all rent, utilities, and other applicable fees during the notice period.
• The resident must pay an additional amount equal to two months' market rent.
• The resident must vacate the property by the agreed move-out date.
• The resident must not be in default of any lease terms.
• Any concessions or promotional credits received must be repaid.

Replacement Tenant Accepted

• Before occupancy, residents may request a lease replacement.
• A $225 lease replacement fee applies.
• The resident remains responsible for the lease and rent until a replacement resident is secured.
• If the replacement lease is at a lower rental rate, the original resident must pay the difference in rent within 30 days.

Other cancellation policies

• If occupancy is delayed due to construction or a previous resident holding over, the resident may terminate the lease.
• Written notice of termination must be submitted within the applicable 3-day or 7-day deadline specified in the lease.
• If the termination is accepted under this provision, the refund is limited to the deposits and rent already paid.