When Madeline Harmes renewed her one-year lease with University Crossings last October, the Drexel University student imagined starting her junior year with her best friends. Harmes` apartment at the University of Crossings is owned by American Campus Communities, the largest student rental company in the country. Drexel has a partnership with the company and allows first- and second-year students to live there to meet the two-year residency requirement on campus. Harmes went to Drexel for help, but the university told her there was nothing she could do because it was a private contract. Coverage for your personal belongings is not part of your rental agreement. Tenant insurance can cover loss or damage to your personal belongings (including fire, theft or natural causes). Tenant insurance is not necessary, but highly recommended. Click here for more information. The typical rental period is about 11.5 months of occupancy, which coincides with the academic calendar of the university. A total amount of rent is charged to the occupier for the contractually agreed occupancy period. The lease reflects the total amount of rent, which is generally divided into 12 equal instalments, due from August 1 to July 1.
These payments are not monthly rent and are not proportional. Unlike Castle, most of the Sophomores surveyed opted for the rent reduction option for all CCA residents on campus, announced by e-mail on August 20, 2020. The discount exempts students from the second year of their rent for the months during which Drexel works remotely until December 13, 2020. Just days after arriving in Nigeria, the government closed its borders, so that after a quarantine period, it was unable to return to Philadelphia as planned. He was responsible for paying his UCross rent from April to early September, but he could not use his apartment, even if he wanted to. He tried to call the construction administration to terminate his lease, but they told him that it was not possible and that his only option was to find someone to take it. It was incredibly difficult when he wasn`t even in the country and had never been to the apartment, he said.