ISLA VISTA LEASING

CONTINUING RESIDENTS have until Thursday, January 5, 2023 to make an appointment to sign their new lease for 2023-2024. 

OPEN MARKET begins Wednesday, January 11, 2023.

Although we are accepting applications now, our current residents will receive priority should they choose to re-lease their unit.

We will begin notifying new applicants about their application status beginning on Wednesday, January 11, 2023.

Be sure to read our Rental Policies and the instructions below to learn about our application and leasing process.

Application fees are non-refundable and incomplete applications will not be processed.  Please make your selection carefully.

CONTINUING RESIDENTS: Please note that our leasing procedures for Isla Vista have changed this year

 

Dear Residents, please note that you have until Thursday, January 5, 2023, to let us know if you will be continuing in your unit for the 2023-2024 term.  We will gladly accept applications5for continuing lease renewals after the deadline if your unit is still available.

 

STEP 1: APPLY ONLINE!

• Go to www.meridiangrouprem.com and select APPLY NOW.
• Select and complete the Isla Vista Continuing Resident Application (2023).
  • Selecting the incorrect type of application could cause you to be charged an application fee and will affect the process of your renewal.
• Provide the name of your Guarantor/cosigner under the portion of the application titled Enter the Name of your Guarantor so that we can link their application to yours.
  • ALL applicants are required to apply with a guarantor.
  • Applicants have the option to apply without a guarantor but will be required to pay a double security deposit for the entire amount for the whole unit.
• Provide the names of your roommates / housemates under the portion of the application titled Roommates / Housemates so that we can link their application to yours.
  • Anyone looking to reside in the unit must apply with their own guarantor.
• ALL applicants are required to upload their photo ID when applying.

 

• ROOMMATE CHANGES AND CONTINUING QUALIFICATIONS
• In order to qualify for the continuing rental rate and benefits, you must have at least one resident per bedroom (from the current lease) choose to continue the lease for an additional year (if you are in a two-bedroom apartment, at least two residents on the current lease must choose to continue the lease in order to qualify for the continuing rate).
• Additionally, the continuing residents must stay on the lease until the continuing lease start date.  Roommate changes and lease assignments will be permitted as long as you still fulfill the requirement of one resident continuing per bedroom.
• However, should you complete any roommate changes or lease assignments that result in less than one resident per bedroom continuing, you will 1) no longer qualify for the continuing rental rate, 2) your new lease’s rental rate will be increased to the market/new lease rental rate for your unit, and 3) you must move out at the end of your current lease so that Meridian group can enter and restore your unit back to move-in condition.
  • June leases: must move out by 12pm on June 17, 2023 and can move in on June 26, 2023.
  • September leases: must move out by 12pm on September 9, 2023 and can move in on September 18, 2023.

 

STEP 2:  GUARANTORS

Please be advised that, although you may be applying to be the guarantor for a specific applicant, the lease agreement is joint and several and all parties to the lease, including the lessees and the guarantors, are all jointly and severally liable for all of the obligations of the lease.  Every applicant is required to apply with their guarantor before they can be approved.

 

• Go to www.meridiangrouprem.com and select APPLY NOW.
• Select and complete the Isla Vista CONTINUING Guarantor Application.
  • Selecting the incorrect type of application could cause you to be charged an application fee and will affect the process.
• Provide the name of the person that you are the Guarantor/cosigner for under the General Information tab on the application titled What is the Name of the person you are the guarantor for.

 

STEP 3:  APPLICATION PROCESS

• Applications are processed in the order they are received.
• Applications must be completed by all the applicants and guarantors of the group before they will be considered complete.

 

STEP 4: SIGN YOUR LEASE

• You will be assigned a new account number for your 2023-2024 lease term, so please be sure to look for your lease and make payments to the correct account.
• Once all the applications from the residents and their guarantors are received, we will send you your lease to sign electronically through your Tenant Web Access Portal.
• You will have 3 days to have all approved applicants sign the lease.
  • Failure to sign the lease on time could lead to forfeiture of the unit and it will become available on the open market.
• Security deposits must be paid at the time the lease is signed and can be paid online by any person who has signed the lease.
  • If you do NOT have any changes in roommates, then the security deposit being held for your current lease will roll-over to your new account at the start of your new lease.
    • If there is an increase in your new rent, you will need to pay the difference in price.
  • If you have ANY changes in roommates, a new security deposit will need to be paid in full.
    • The deposit being held for your current lease will be returned within 21 days of the lease end date to the Key Person for the current lease.
    • The new deposit is equal to 1 month’s rent plus $200 or twice the monthly rent if you were approved without guarantors.
    • Payment is accepted through your Tenant Web Access (TWA) account or in the form of a cashier’s check, personal check or money order made payable to Meridian Group.

Cash cannot be accepted in our office at any time.

• • • • Payments made online with a debit or credit card are subject to a credit card finance fee of at least 3% of the payment.

 

Please contact our office should you have any questions.

OPEN MARKET: WEDNESDAY, JANUARY 11, 2023!

 

Apply Online NOW!

We will contact you about your application status beginning Wednesday, January 11, 2023^th.

All applications must be completed online through our website.

Application fees are non-refundable.  Read the information below before you apply.

 

NEW PROSPECTIVE APPLICANTS: Please note that our leasing procedures for Isla Vista have changed

 

STEP 1: APPLY ONLINE!

• Go to www.meridiangrouprem.com and select APPLY NOW.
• Select and complete the Isla Vista NEW Prospect Application (2023).
  • Selecting the incorrect type of application will affect the process of your application.
  • There is a $30 application fee, which is non-refundable.
    • Your application is valid for up to 30-days.
    • You can change the selection on your application towards any unit so long as it is still available, and you have NOT signed a lease for another unit.
• Provide the name of your Guarantor/cosigner under the portion of the application titled Enter the Name of your Guarantor so that we can link their application to yours.
  • ALL applicants are required to apply with a guarantor.
  • If you cannot obtain a guarantor who is at least 25 years old with a valid US photo ID and who is currently employed (or provide proof of income), then you may have the option to apply without a guarantor but will be required to pay a double security deposit for the entire amount for the whole unit, if approved.
  • Our leases are all joint and several and this will not be done on an individual basis. Therefore:
    • All applicants in the group agree to apply each with their own guarantor and pay a security deposit equal to 1 month’s rent plus $200, or
    • All applicants in the group agree to apply without guarantors and pay a security deposit equal to 2 months’ rent.
• Provide the names of your roommates / housemates under the portion of the application titled Roommates / Housemates so that we can link their application to yours.
  • Anyone looking to reside in the unit must apply and also have their own guarantor apply.
• ALL applicants are required to upload their photo ID when applying.

 

STEP 2:  GUARANTORS

Please be advised that, although you may be applying to be the guarantor for a specific applicant, the lease agreement is joint and several and all parties to the lease, including the lessees and the guarantors, are all jointly and severally liable for all of the obligations of the lease.  Every applicant is required to apply with their guarantor before they can be approved.

 

• Go to www.meridiangrouprem.com and select APPLY NOW.
• Select and complete the Isla Vista NEW Guarantor Application.
  • Selecting the incorrect type of application will affect the process of your application.
• Provide the name of the person that you are the Guarantor/cosigner for under the General Information tab on the application titled What is the Name of the person you are the guarantor for.
  • There is a $15 application fee, which is non-refundable.
    • Your application is valid for up to 30-days.

 

STEP 3:  VIEW THE UNIT

                   It is your responsibility to view the unit BEFORE you sign your lease.  You may ask the current residents to show you around.  If you have trouble getting them to show you the unit, please contact our office to schedule a showing.

 

STEP 4:  APPLICATION PROCESS

• Applications are processed in the order they are received.
• Applications must be completed by all the applicants and guarantors of the group before they will be considered complete.

 

STEP 5: SIGN YOUR LEASE

• Once all the applications from the residents and their guarantors are received, we will send you your lease to sign electronically through your Tenant Web Access Portal.
• You will have 3 days to have all approved applicants sign the lease.
  • Failure to sign the lease on time could lead to forfeiture of the unit and it will become available on the open market.
• Your security deposit is due in full and must be paid at the time you sign your lease in order to secure the unit.
  • Payments can be made online by each person who has signed the lease.
    • The deposit is equal to 1 month’s rent plus $200 or 2x the monthly rent if approved without guarantors.
    • Payment can only be accepted through your Tenant Web Access (TWA) account or in the form of a cashier’s check or money order made payable to Meridian Group.  Cash cannot be accepted in our office and personal checks cannot be accepted for payment of a security deposit.

Payments made online with a debit or credit card are subject to a credit card finance fee of at least 3% of the payment.

Click on the link above for an Early Move-in Request form, then complete and submit the form to IVLeasing@MeridianGroupREM.com or by fax at (805) 692-5020.

Please note that this is only a request.  We will do our best to accommodate your request for an early move in but we cannot guarantee that your unit will be ready for move-in any sooner than your lease start date.

If approved, you must schedule a time to pick up keys and your move-in packet during our office hours as listed below:

Monday – Friday: 8 AM – 5 PM.

Our office is closed on Saturdays and Sundays, therefore we are not able to accommodate requests for Sunday move-in.