Remember that feeling when you first walked into your own place. New carpets, fresh paint, clean windows, and sparkling appliances. Then it happened… You moved in, bought furniture, big screen t.v’s, and a huge California King Bedroom set. You swore it would fit and by George, you made it fit. Then you came to a conclusion… Your gonna need a bigger place. Not so much to house you, but to house all of your belongings! You don’t have to move out, just move over. At least, move into another apartment within your community. We that are hip to the lingo in this business call this a Unit Transfer. This means that you collect all of your belongings, move all of your items to another apartment, an begin a new lease there. Sounds great, and like any great plan, there are details to performing a Unit Transfer that must be followed. I will discuss our rules for performing a transfer and when it is an acceptable option for Country View Garden Homes.
The first point that we would like to make is that WE allow transfers. This means that it is at our discretion to perform this action. It is not a means to get a new apartment each year, just because you want that “new paint” smell or a different view. We incur a certain cost each time you transfer and most of the time, the cost of turning the apartment is more than the amount that we collect in transfer fees. Please rememer we perform a property inspection before we create the option to transfer. If you have created heavy damages to the apartment to the point where we have to replace flooring, cabinetry, or other items., chances are we are not going to offer the transfer to you. This is another good reason to keep your apartment in “like new” condition.
Secondly, we allow transfers to increase size, not equal to or less than, (unless extenuating circumstances exist). We do not transfer you from a 3.2 to a studio simply because your roommate left you with an apartment you can’t afford. We understand its frustrating, but it is equally frustrating for us. We will have to incur the cost of production for two different apartments and lose income from the rental of a smaller unit. When a resident transfers to a larger apartment, the income increases assuming the apartment has not been damaged beyond normal wear and tear.
Lastly in regards to allowing transfers. There are fees associated with a transfer that must be paid Prior to you performing the transfer. If we are going to extend an offer to transfer to you, we expect the fees to immediately be paid. We always act on a first come, first serve basis. If we notify you of a unit coming available the end of the month and you attempt to wait until the end of the month to pay your transfer fees, the apartment could very possibly be gone before then. This means that you would have to wait until the next one comes available. Currently there is a three hundred ($300.00) transfer fee that is associated with any on-site transfer. This amount is meant to off-set the cost of the transfer, (new toilet seats, minor wear, etc.). Deposits and fees stay with the apartment. This means that when you transfer, you must pay a new security deposit as well as any other fees, such as pet fees, satellite deposits, electrical transfer, cable transfer, and water/sewer billing transfer. Here is an example. You moved into a one bedroom apartment six months ago, decided to get a roommate and move into a 3 bedroom. You have 2 cats, paid a security deposit of five hundred ($500.00), and decided to go with Satellite, incurring another deposit of one hundred and fifty dollars ($150.00). For your current apartment, you have paid One Thousand fifty dollars ($1050.00) in deposits and fees. Prior to transfer, you would have the one thousand fifty dollars (1050.00) plus an additional three hundred ($300.00) transfer fee that would need to be paid before move in. Assuming no damages or unpaid rents on the previous apartment, the refundable deposits (security and satellite) would be sent back to you within 15 business days.
“But what if I have to move into a smaller apartment?” There is one other way to transfer apartments and that would be a move-out/move-in. You can elect to turn in a completed Notice of intent to move out of your current apartment and apply for another apartment. This situation can be used to move into a smaller apartment. One thing to take into consideration is we will perform a complete background check (credit and criminal). If our criteria has become more strict or if your background information has changed, this could potentially lead to a denial and a retraction of any offer to renew from us.
Transfers can benefit all parties involved if they are regulated and controlled. This post should help to familiarize all residents with the process and make it easier to understand. We work to make sure that we can provide a quality rental experience for all residents at Country View Garden Homes! If anyone still has a difficult time understanding what a transfer is, please feel free to speak to the office staff. We love to help!