Tenant FAQs

Monarch Coast Property Management’s standard move-in costs are the first month’s rent and a security deposit. In some cases, we may also require last month’s rent to be prepaid. If pets are being considered with your application, there may be a pet deposit as well.

Applicants must be over the age of 18 to apply and all prospective tenants over the age of 18 must submit separate applications.

Yes, the security deposit is refundable depending on the condition of the property. Within 21 days of your lease termination date, our property management team will provide a report from the move-out inspection, documenting damages, if any, to be charged that are considered beyond normal wear and tear. If you had provided security deposit at move-in, those deductions will be subtracted from the security deposit and the balance will be refunded to you.

If you have a pet, an additional pet deposit may apply. See listing for details. 

Yes. Typically we require proof of renters insurance with at least $300,000 in personal liability and listing Monarch Coast Property Management as Additionally Insured. We also require that this renters insurance remain active and current throughout the course of their lease term.

Per the terms of our lease agreement, it is a tenant’s responsibility to transfer and pay for all utilities available to the property (Gas & Electric, Water, Trash, TV, Telephone, etc.), unless otherwise agreed in writing by the property owner. 

In the event the tenant is too young to have an established credit score and insufficient income to qualify, we may allow a parent or other family member to submit an application as a financially responsible cosigner. The cosigner, if allowed, would need to meet our application approval criteria and sign the lease as a cosigner.

To apply for one of our properties, an application or link will be provided by your real estate agent or by Monarch Coast Property Management. 

Rent is due every month, per terms of the Lease Agreement. In addition, we offer rent payment through our online Tenant Portal. 

If the property you are leasing is a pet friendly home, adding a pet during the course of your lease may be considered, subject to our standard pet policies. While the decision to allow pets is solely up to the property owner, some of the typical restrictions can include: two pets maximum (some HOAs allow only one pet), acceptable size and breed, and a signed lease pet addendum by the tenant. 

Notify one of our staff members in writing as soon as possible. Sometimes there may be a slight rent increase as part of the lease extension. Provided you are in good standing with your rent payments and otherwise not in breach of your lease agreement, extensions are in most cases considered and may be approved at the discretion of the landlord. One of our property managers will also want to meet you for a property walk through before agreeing to an extension.

Notify one of our staff members in writing as soon as possible, at least 30 days before your lease end date. We will then contact you to arrange a pre-move out inspection (typically scheduled for two weeks before the move-out date). It is at this pre-move inspection that we will provide recommendations to you for cleaning and repairs so you can get as much of your security deposit back as possible following your move. We will also schedule a full move-out inspection at the property, after you have moved out and vacated the property, to record the condition of the property and any items which warrant a charge to the security deposit.

Notify us about your desired move-out date, in writing, as soon as possible. Our staff can then advise you on your remaining obligations, best options based on the terms of your lease, your desired move date, and your roommate’s obligations.

The responsibility for paying for repairs and maintenance depends on the repair itself and the cause of the need for maintenance. Normal wear and tear as well as regular maintenance items are typically the responsibility of the landlord. The tenant is charged for all repairs or replacements caused by the tenant, pets, and guests above and beyond normal wear and tear. Tenants are also charged for damage to the property because of failure to report a problem in a timely manner and for repair of drain blockages or stoppages unless caused by defective plumbing.

There are several factors which determine eligibility for a lease renewal and in some cases, a property owner may choose to not renew a Tenant’s lease:

1. Any lease renewal is contingent upon the Tenant accepting a rent increase when, in the judgment of the property owner and Monarch Coast Property Management, an increase is warranted based on current market comparables.
2. A lease may not be renewed if the Tenant has not shown a standard of care to the property during the lease period and the property has experienced significant pet damage or other damages beyond normal wear and tear.
3. Monarch Coast Property Management provides that Tenants residing within properties under our management shall have the right to quiet enjoyment of the property and expects all Tenants within the premises to be respectful to one another and to Landlord. Monarch Coast Property Management will not renew the lease agreement of any Tenant who has engaged in disruptive behavior or illegal activities.

If you intend to apply for one of Monarch Coast Property Management’s properties with one or more roommates or would like the opportunity to add a roommate at a later date, please discuss this with your property manager in advance. A $150 lease modification fee will be charged with the addition of a roommate(s) to an existing lease.

1. All roommates and prospective co-tenants must submit separate rental applications and approved by Monarch Coast Property Management in advance. All roommates must be approved before a rental agreement will be considered.
2. Once approved (including adding new roommates) Monarch Coast Property Management will require all of the roommates to sign a new rental agreement and pay a $150 lease modification fee (only for existing leases) . UNDER NO CIRCUMSTANCES WILL ADDING A NEW ROOMMATE BE CONSIDERED TO BE A SUBLEASE.