Iuka Park Commons FAQs


What is the apartment rental process at Iuka Park Commons?

Security Deposit – When you decide to rent an apartment, you must pay at least half of the security deposit in order to begin the rental process. The remaining half of the security deposit is due within 10 days.

Security deposits may be paid in cash, check, money order, or credit card. A security deposit is held for the entire term of the lease and refunded within 30 days after the end of your lease date, minus any damages and unpaid rent/fees.

Once you’ve remitted at least half of the security deposit, you will receive the following leases and applications:

Master lease: Due one day after the first half of the deposit is remitted, this lease is signed by each intended resident of the apartment and is a jointly and severally liable contract.

Cosigner leases and applications: Due within 10 days of payment of the first half of the deposit, each intended resident receives one cosigner lease and application to be filled out with their respective cosigner. (Cosigners are usually a parent, grandparent, aunt or uncle; someone who is willing to be financially responsible for payment of the resident’s rent should they not pay.) These leases are limited in liability by the number of residents of the apartment. Cosigner’s signature must be notarized by a notary public.

No application fee!

All deposits, leases, and applications must be received by Iuka Park Commons

within 10 business days of the initial deposit.

Failure to do so may result in re-rental of apartment.

What is your rent payment policy?

On move-in day, Ohio residents will pay their first and last rent installment. Out-of-state residents will pay their first rent installment as well as their last two rent installments.

Every month thereafter, rent will be due on the first of the month. Rent may be paid by one check, money order, or cashier’s check. Remember, the security deposit you pay upon rental does not count as rent; it is strictly a security deposit.

Can I sublease my apartment?

Subletting is permitted. We suggest you get a security deposit (at least $100) from your sub-letter because, as the signer of the lease, you will ultimately be responsible for any damage that might occur to the unit.

My move-in date is mid-month. Do you prorate the first month’s rent?

Your rent is already prorated. We take the total amount of rent we want to receive for the year, prorate out the number of days you won’t be in the apartment, and then divide it into twelve equal installments. This method makes it easier for you to keep track of how much you owe each month.

Utilities


What is a water / CAM charge?

The water/CAM charge is a monthly fee which pays for water and sewer charges for your apartment and Common Area Maintenance. This amount is already included in the rent price listed at the top of your lease. Common Area Maintenance includes general cleaning outside the building, lawn care, snow removal, etc. This does not in any way exclude the residents from taking responsibility in cleaning up the exterior of the building after parties.

How do we pay for utilities?

Iuka Park Commons does not in any way assume responsibility for the utilities inside our apartments. Each apartment will be responsible for setting up utilities in their own names. The only exception to this is the water; it is already set up and included in your rent each month.

Utility companies:

Time Warner Cable: 614-481-5050 or online at www.twcol.com

Columbia Gas: 1-800-344-4077 or online at www.columbiagasohio.com

American Electric Power (AEP): 1-800-277-2177 or online at www.aep.com

Pets, Parking, Security Deposit, etc.


Iuka Park Commons has a strict NO PETS ALLOWED policy. Are there any exceptions?

We absolutely do not allow pets in our apartments. This includes cats, dogs, ferrets, etc. Fish and birds are acceptable. NO EXCEPTIONS WILL BE MADE.

How many parking spaces do we get?

Each apartment may purchase one main lot parking pass and receive one South Lot parking pass.

Yearly cost of passes:

  • $100 for your first year renting with us
  • $50 for your second year
  • FREE for 3rd year and beyond.

What about Security Deposit Returns?

We videotape all of our apartments upon move out so there are no discrepancies about security deposit returns. We also send out move-out packets that give you details on exactly what we expect of your apartment when you move out. If you follow these instructions, you should have no problem receiving a fair refund.

Contact Iuka Park Commons with questions about our furnished and unfurnished apartments, or to schedule a personal tour at 614-294-3502 or info@inntownhomes.com.