Let’s Clear Things Up
Smart Questions Deserve Smart Answers
Leasing
What is an Individual Lease?
An Individual Lease, also referred to as “by-the-bed” leasing, means each resident signs their own lease agreement and is responsible only for their own rent and any applicable fees. You are not financially responsible for your roommate(s) if they fail to meet their lease obligations. This structure allows each resident to lease independently while still living in a shared apartment.
When is rent due each month?
How do rent payments work?
Can I fill out an application and a lease agreement online?
What if I am an out-of-state student?
We welcome out-of-state students! If you are unable to visit in person, our leasing team is happy to assist you virtually and answer any questions you may have. We can also help with roommate matching if needed.
Is there an on-site management office?
Yes. 320 West Mag has a professional management and leasing team located on-site and available to assist residents with leasing, maintenance requests, and general questions. Current office hours are posted on our website and the resident portal.
guarentors
What is a guarantor?
When is a guarantor required?
A guarantor may be required if an applicant does not meet the financial qualifications on their own. Guarantors must be 25 years of age or older and meet the income requirements outlined during the application process, which typically include earning at least 3.5 times the monthly rent. If a guarantor is needed, this will be communicated during the application process, and all required steps can be completed online.
Roommate Matching & Requests
Do you have a roommate matching service?
Yes. As part of the application process, residents will complete a roommate matching questionnaire that helps us learn more about preferences such as lifestyle, habits, and interests. This information is used to help match residents who are a good fit when specific roommates are not requested.
