What are the lease terms?
MDI generally requires a 12-month lease, with a majority of leases beginning in June or August.

When is rent due?
Rent is due on the 1st of each month in the form of check or money order. A $35 late fee is assessed on all past due accounts after the 3rd. NO CASH WILL BE ACCEPTED.

Do residents sign individual leases?
No. All roommates sign a Joint & Several lease, holding all roommates responsible for meeting the terms of the lease. Therefore, if one roommate defaults on payment, the remaining roommates are still responsible for paying the entire rent. It is the tenant’s responsibility to make sure that everyone pays his or her portion.

Can I sublease?
Residents may sublease their apartment, given the prospect is approved by MDI and the $50 fee is paid. However, the original resident is still legally responsible for the remainder of the lease in the event the new occupant(s) defaults on payment.

How much is the security deposit?
The security deposit is equal to 1 month’s rent. The deposit will be refunded 30 days after the lease expiration date, less any damages, fees, etc.

Do I need a co-signer?
In addition to good credit history, each applicant is required to earn 3 times the monthly rent in income (which may include documented scholarships, financial aid, or grants) in order to waive the Co-Signature Addendum. If the applicant does not meet the income and/or credit history criterion, the Co-Signature Addendum must be completed and approved by the property manager.

Are pets allowed?
Most properties allow small permanently caged animals with the exception of ferrets and rabbits. Cats and dogs are permitted in many properties as well. Breed, age, and weight restrictions apply and ultimately must be approved by the property manager.

What appliances and/or furnishings are included?
All units include a stove and refrigerator while some also contain a garbage disposal and microwave. McCullough Development, Inc. does not rent any fully furnished apartments.

What if I have a maintenance problem?
Residents may call our office during normal business hours regarding problems with heating, A/C, plumbing, appliances, lock-outs, etc. However, a member of the maintenance staff is on-call 24-7 for emergencies outside normal business hours.