When it comes to choosing the perfect place to live off-campus, we know that asking the right questions is key!
To make things easier for everyone, we've compiled a list of the most common things we are asked about, complete with answers!
If there's anything else you're curious about, please make sure to reach out to our friendly staff and we'll be more than happy to help!
The Preiss Company takes great pride in its communities. Each of our properties' staff are available for your student 24/7/365 and are just a phone call away. Our company specializes in student housing and trains our staff on how to effectively and properly respond to any situation that may arise. Our local property managers are supported by leasing, business, and maintenance personnel along with our professionally trained student staff. Many of our offices and staff are on-site and we have expert maintenance ready to assist your student with anything we can!
With Individual Leases, YOU are only responsible for YOUR (or your student's) rent. You aren’t liable for your roommates' rent at all! Unlike a traditional lease or a joint lease, if your roommate transfers, graduates, or fails to pay his/her rent, it does not affect you or your lease. College students have enough to worry about. An individual lease is one less thing!
In our effort to create a more enjoyable living environment for the student renter, we now require all residents to carry an active renter's insurance or tenant liability policy during their lease term. Requiring basic liability coverage has become a common practice in apartment living to provide peace of mind and protection from the unforeseen events that sometimes occur. Our required tenant liability coverage works to protect the resident from liability exposure created while your student is away from home, including but not limited to negligent damage to the apartment unit, negligent damage to another resident's property or even injuries to guests while visiting. Or if you choose to enroll in a more robust renter's insurance policy, you may be able to protect belongings such as text books, phones, electronics and other valuables in the event of theft or destruction. As long as your chosen policy meets the minimum coverage outlined in your lease agreement, feel free to pick any provider you feel is the best fit for you. If you don't feel like searching for an insurance provider, we offer an easy way to enroll in the minimum liability only coverage as part of your rent payment. If you know you want additional coverage on your belongings but don't want to shop around, we have identified a national insurance provider specializing in student renter's insurance coverage. EPremium Insurance has agreed to provide a comprehensive policy to residents at our communities at a preferred group rate! You can enroll in less than 2 minutes at their website here: ePremium Insurance.
We understand that sometimes you just need to be matched with someone you’re compatible to live with. You won't have to worry about finding a roommate online or flyering the entire campus, we'll do the work for you and all you have to do is simply fill out a questionnaire!
Don't worry about hiring movers or renting a truck, Mercury 3100 is fully furnished! The days of moving a bed up a flight of stairs are long gone... just bring your personal items and you're set! Each apartment comes with all major appliances, living room and bedroom furniture.
All of our residents and their guarantors have access to our property's online resident portal, helping you and them keep up to date with their life here in Orlando! You or your student can pay rent online via checking or savings account, set up automatic monthly payments, and submit maintenance requests, all with just a few clicks of your mouse!
While having a guarantor is not a requirement to lease with us, it is definitely recommended.
In order to qualify without a guarantor, you will be required to provide your three most recent pay-stubs and they most show that your income is at least five times your monthly rental amount. In addition, you must pass a credit screening with a minimum score of 7 out of 10 and pay a one month security deposit. There could be an additional month's deposit required depending on the results of the credit screening. The only other way to be approved without a guarantor is to pay the lease in full upfront.
If you apply with a guarantor, you will not be required to submit your pay-stubs or pass a credit screening. Your guarantor will be able to complete their application online and receive a screening decision immediately upon the completion of their application. To review the guarantor qualifying criteria, please refer to the beginning of the application.
Nope! While our community is definitely optimized for the student lifestyle, we lease to anyone who meets our qualifying criteria.
Typically not...but with us it can! Mercury 3100 has partnered with the RentPlus; a program to allow for on-time rent payments to reflect positively on your credit report. With the hustle and bustle of balancing classes and a healthy social life, we know that most college students don't even think about building their credit history until after graduation when it's time to start taking big life steps. RentPlus offers a way for busy students like you to get a head start! When you enroll in RentPlus, your on-time monthly rent payments will be reported to all 3 major credit bureaus (on-time payments are anything within 30 days of the due date). If you're already a current resident and want to enroll, you're in luck! Up to 24 months of your previous on-time rent payments can be reported to help you build up that score! Click here to enroll!