Frequently Asked Questions
FAQLease Information
Lease Information
Back to all FAQ3 - 14 month lease terms available
Acceptable forms of payment include: ACH payments, Money Order, Cashier’s Check, Personal Check, Credit Cards* Additional Fees May Apply. Cash is not accepted.
If a new leaseholder moves in, the new leaseholder and all remaining leaseholders must fill out an application and qualify according to income and criminal standards. If a roommate moves out, all remaining leaseholders will need to re-qualify according to income and criminal standards.
UDR offers a No Hassle Relocation Guarantee incentive which allows residents to conveniently transfer from one UDR community to another with reduced fees and deposits. *Restrictions apply.
We are committed to compliance with fair housing laws and do not engage in unlawful discrimination on the basis of race, color, religion, sex, national origin, familial status, disability or any other characteristic protected by law. We do reserve the right to have differences in policies at our different properties, and to treat some people differently than others, based on lawful criteria. Lawful reasons we may treat people differently include, but are not limited to: rental history, credit record, criminal history, income, illegal drug use, etc. Upon request, we will make reasonable accommodations to rules, policies, practices, or services, and allow reasonable physical modifications, when required to give persons with disabilities access to and use of our property. We may require execution of an addendum regarding the approval and implementation of accommodations or modifications and any restoration obligations. This is a good faith statement of our intent to abide by applicable fair housing laws. This statement is not intended to and does not expand, extend, or create any legal obligation, right, or remedy for us or for you beyond those independently imposed by applicable fair housing laws (including, without limitation, by contractually extending any statute of limitations).
Does the community offer a Home Purchase Buyout agreement in which residents can avoid early lease termination fees when buying a home? |
Yes
|
---|---|
What are the fees and requirements to use the Home Purchase Buyout agreement? |
In order to receive the benefit of this Plan, Resident must pay a fee equal to 1 month's rent (the “Home Purchase Plan Fee”) to The Canal on or before the first day of the lease term. Management will permit Resident to terminate the lease at any time with a 30 day written notice and proof of home purchase. If Resident(s) does not exercise the rights afforded under this Plan during the lease term, the Home Purchase Plan Fee will be forfeited to The Canal. The Home Purchase Plan Fee is not refundable.
|
When is rent due? |
1st of each month
|
---|---|
Does this community offer bi-monthly rent payments? |
Yes
|
Is there a lease renewal fee? |
No
|
---|
Are transfers allowed within the community to the same floorplan? |
No
|
---|
Fees, application requirements, and leasing information are subject to change.
This website uses cookies and other technologies employed by UDR.com to enable functionality, analyze performance, facilitate advertising, and personalize your experience. See our Privacy Policy to learn more about how we collect, use, and disclose information. You can learn more and update your preferences by clicking on ‘Manage Cookie Settings.’
Manage Cookie Settings
We use both necessary cookies for performance and functionality, and advertising cookies to optimize your experience on our website. You may click on the categories below to learn more about their purposes. You can change your cookie preferences at any time. Disabling cookies may affect your experience on our website. You can learn more about how we use cookies by visiting our Privacy Policy.
These cookies are required to support core site functionality such as navigating the website. You can set your browser to block or alert you about these types of cookies, but some parts of the site may not work as a result.
These cookies may be set by our advertising partners. Those companies may use the cookies to help serve advertising content that is relevant to you, personalize your experience, and show you relevant advertisements on other sites. If you do not allow these cookies, you will not experience targeted advertising as a result of visiting the site.