Freeze Your 2011 Rent
This year our residents can skip a rent increase and freeze next year's rent at this year's rate.
Rent Freeze 2011 is a limited time promotion that provides rewards to residents who tell us if they want their lease to extend or end. We reward our residents when they set their housing plans before the 2011 leasing season.
This year we have made our rent freeze program better than ever! All Residents are eligble for rewards regardless if they are renewing or terminating their lease. Just sign a termination or renewal agreement before the Friday, December 17th, 2010 deadline and a Starbucks gift card is all yours!
Here’s how it works:
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Sign to |
Deadline for Signing |
Your Reward |
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Extend from
May 1, 2011 to April 30, 2012 |
Friday, November 26th, 2010
|
1 Year Rental Rate Freeze + $10.00 Starbucks Card for each Resident |
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Friday, December 17th, 2010
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1 Year Rental Rate Freeze + $5.00 Starbucks Card for each Resident |
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End on April 30th, 2011 |
Friday, November 26th, 2010 |
$10.00 Starbucks Card for each Resident |
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Friday, December 17th, 2010
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$5.00 Starbucks Card for each Resident |
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We are proud to have Starbucks Coffee Company as a tenant at 329 Johnson Street. The same way we try to support our Student Residents we try to support our commercial tenants by purchasing gift certificates as rewards for our Residents. We like Starbucks, and hope that you will visit their Johnson & Division location!
Email your wish to terminate or extend to Leasing@VarsityProperties.com. Our Leasing Manager will email back to you either a 1-page termination or 1-page renewal agreement for you to sign and return to our office at 335 Barrie Street. Remember to receive your rewards you must return your signed agreement to our office before the stated deadline.
Here is what you need to know if you are don’t sign a termination or a renewal agreement before 2:00 PM, Friday, December 17th, 2010:
1. If you decide to extend your lease your rent will increase 0.7% over this year’s rent starting May 1st, 2011. Formal notice of rent increase shall be given on or before February 28th, 2011.
2. If you decide to terminate your lease on April 30th, 2011, you must sign a termination agreement at our office no later than February 28th, 2011 to avoid paying for additional months of rent after April 30th, 2011.
We hope you will decide to extend. However, if you decide to end your lease we will be happy to provide a rental reference to those Resident who have made rent payments on time each month and have no record of noise disturbances in our files. If you have any questions or concerns please contact us by phone or email.
