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Frequently Asked Questions
Do I need renters insurance?
Cardinal Group Management requires $100,000 in liability insurance coverage for each resident. While residents are free to select any insurance vendor for the coverage, we have partnered with Multifamily Insurance Partners to offer the required liability insurance coverage to our residents at a very competitive rate. MFIP also offers optional renters insurance to cover residents’ personal possessions. For more information on the coverage available, visit MFIP’s website.
How do lease guarantors work?
All residents are required to have a guarantor for their lease to financially guarantee the lease obligations. The guarantor must meet minimum credit and income requirements and sign the guarantor addendum to the lease. In the event a student cannot provide a qualified guarantor, an additional security deposit will be required
How does an installment lease work?
Our lease term is approximately 11.5 months coinciding with the university’s academic calendar, and the total rent for the year is based on that period of occupancy. For your convenience, the total balance of the lease is divided into 12 equal installments due at the first of each month. These installments do not represent a monthly rent amount and are not prorated.
How can I connect with roommates?
Everyone is looking for something different in a roommate. You and a group may have decided to find an apartment where you can live together. Or, you may be eager to make new friends and meet new roommates. We can happily accommodate both scenarios. Our unique roommate matching service aims to pair student with similar interests using our perceptive matching questionnaire. The goal is to always blend similar lifestyles and preferences and create fulfilling friendships among residents. While preferences are strongly considered, matching is based on availability and preferences cannot be guaranteed. We recommend prioritizing those items that are of greatest concern to you.
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