Co-Signers – FAQ
All Applicants 18 years of age or older must fill out an application and pay a $25.00 processing fee. A valid Social Security number is required to complete processing.
Incomplete applications will not be processed.
All persons who will reside in the dwelling for more than 2 weeks/year are required to be listed on the application.
Applications should be delivered in person so that you can pay to application fee of $25 per application. The fee must be paid in cash. Parent co-signer forms and supporting documents can be email to info@SLOApartmentRental.com Applications will not be processed until I have all required documents.
If you are not a student, you must include a copy of your current pay stub with your application. If you are coming to SLO for a new job you need to include the job offer letter as proof of employment. Please note that some applicants employed full time could be required to have a co signer.
Once all application paperwork is complete please call or email for directions of delivering the documents and processing fee.
Acceptance of an application does not mean the application will be approved.
Available rentals are not on a first come first serve basis. Approval of an application does not guarantee or imply an offer to rent any specific dwelling.
Upon approval of an applicant and the offer of a rental, the applicant will be asked to sign the rental agreement, and pay the security deposit. The security deposit must be paid by cashiers check or money order.
Why do we need a co-signer? Management Companies will often ask for a co-signer when the tenant applying for the property does not meet the minimum qualification requirements.
Do I need to sign the lease as the co-signer ? Only the tenant(s) residing on the property will sign the lease. Co-signers only sign the co-signer agreement and they must provide proof of income with a pay stub and a copy of a drivers license.
I am not comfortable giving out my personal information, how will you protect my information? All documents are safe guarded, and the information provided is only used when needed (which is almost never). The documents are destroyed at the end of the tenancy.
What are the limits of my obligation? A co-signer is responsible for all of the obligations of the tenant under the terms of the written rental agreement.
How long will I have to be the co-signer? The commitment of the co-signer lasts until the tenant has moved, AND has completely met his/her obligations of the rental agreement.
Will I receive notifications of non-payments? Notifications are only written, and served to the tenant(s) on the rental agreement. However, it is typical for us to contact the co-signers if we do not get a response from the tenant(s) after a notice has been served.
What utilities are covered? The property owners generally pay for water, sewer, trash and gardening. Tenants pay for everything else. Please note that due to the drought and the increase in water/sewer rates and drought surcharges we will only cover $100 per month per unit for water and sewer. If there is a shared meter the total will be divided by the total number of units or people. Any overages will be billed to the units and due upon receipt. We encourage conservation and only the tenantt has control of the quantity of water used.
Important Phone numbers:
- All Emergencies…Call 911
- PG&E 800-743-5000
- Southern California Gas 800-427-2200
- AT&T 800-310-2355
- Cable and or Internet Charter Communications 805-544-2688
- Newspaper–The Tribune 805-781-7800
***** Utilities should be called out two weeks prior to your lease start-date. The start date for your utilities is the date your lease begins.
More Helpful Information
How do I pay my rent and when is it due? Rent is due the first day of each month, no matter which day the first lands on. There is a four day grace period in which you may pay rent. Late fees are assessed at 5pm on the 4th of the month.
You may mail or bring your rent check in to our office in San Luis Obispo. Our dropbox is accessible during day light hours, 7 days/week.
When does my rent start? When renting a unit your first months rent is due and payable the day the unit is available to move into. If that day falls on any day other than the 1st of the month rent is pro-rated.
When can I pick up my keys? Keys will be provided when rental papers are signed by all tenants, first months rent and security deposit has been paid and the unit is ready for new tenants. If unit is not ready when paper work is sign you can make an appointment to arrange pick up of keys at a later date. Please note that you need to schedule key pick up a minimum of three days out.
When will unit be ready? Each unit is advertised with an availability date. As always some things are out of our control. (ie. The date the departing tenant actually moves out, repairs, replacements, and cleaning once unit is in our hands etc.) While we work hard to have the unit in move-in condition on the date advertised, sometimes that does not happen. We are not liable for any unit not being available or ready on the availability date listed.
Is there insurance coverage in the event of a fire, theft or natural causes? Does my lease provide coverage for my belongings? Tenant’s or guest’s personal property and vehicles are not insured by Landlord or manager against loss or damage due to fire, theft, vandalism, rain, water, criminal or negligent acts of others, or any other cause. You are advised to carry owner insurance (renter’s insurance) to protect yourself from any such loss or damage.
Renter’s insurance is relatively inexpensive and can often be secured through your automobile insurance carrier, through your parents’ insurance, or a school insurance provider like NSI.
Are any of your units furnished? No, none of our unit are furnished.
Can I have a pet if I pay a pet deposit or, it is small and does not bark, pee, poop, or have fleas? Sorry, but we do not accept any pets. You are not allowed to babysit pets or have pet visitors inside the unit even if it is only for a few short hours. Yes it is a bummer, but we are just following the owners rules.
*****All units are non-smoking units and intended for non-smokers. No one is allowed to smoke on property grounds so going outside to smoke is not an option unless you are off of the property. Smoke outside does filter in through open windows and doors.
If you are a student at Cal Poly or Cuesta we have apartment rentals to fit your needs. We specialize in student housing.