Please be sure to read and understand all the forms on this page before you apply for a rental. If you have any questions please don’t hesitate to contact us.
Click the form name to view the form in a new window. Click the download button to save it to your computer.
What does EFT stand for and what is it? – EFT stands for Electronic Funds Transfer. It is an automatic withdrawal from your bank account. No different than what your insurance company does or how some credit card payments are made.
Do I need a separate bank account? – A separate account is not required. We do require that the bank you use has a branch in Chico. That way if there is a problem with your account (such as not enough money in it to cover the full amount of the monthly rent) you can deal with it immediately and in person. Please make sure that at least 2 room-mates are on the account so if one person is not available problems can still be handled.
Can I use my parents’ account? – We must insist that the account be in your name because you are the party directly responsible for signing the lease.
Can I use a savings account? – An EFT payment can be made from a savings or checking account.
Can I use more than one account? – No, because there is a single lease for the entire house your rent must be paid in a single payment.
Can I cancel my EFT payment? – Yes, but keep in mind that if you do not pay via EFT you must pay the rent in advance for the entire lease period.
What happens if my EFT payment bounces? – If you do not have enough money in your account to pay the full month’s rent your entire EFT payment will bounce. You will be required to make payment (including all bounce charges and late fees per your lease) by money order or cashier’s check. We do not accept personal checks at any time.
What else do I need? – You must send a voided check along with your signed authorization form.