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A year round rental is rented for a full year. The tenant pays one monthly rate on the first of each month. [Sample Year Round Lease Agreement]. Year Round lease agreements extend beyond 120 days and are therefore governed by the Delaware Landlord Tenant Code. We normally collect a security deposit equal to one month's rent.
This tenancy will also require a completed Credit Application. The details of the credit report will will be discussed with the property owner. The credit application fee of $50, is non refundable and is not applied towards any rental fees/payments. Please provide rental references, job verification and pay stubs.
Other Required Disclosures: Fair Housing Brochure, Delaware Landlord Tenant Code, Consumer Information Statement.