Prospective Tenant FAQ
Finding & Applying for an Apartment
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How Can I Find And Apply For Available Apartments?
All available units are listed under the Availability tab on our website. If you’re interested in a specific building, check the Availability section.
If you do not see the building you’re interested in, it means there are no vacancies at this time. We recommend checking back periodically
You can schedule a viewing with the building's on-site manager. Contact information for the manager is listed under the Availability tab alongside each unit. You can also apply online directly from the Availability page.
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What Are The Requirements To Be Approved For An Apartment?
• Only one applicant per rental agreement is permitted. Additional occupants are considered roommates and must be listed as such.
• Only the primary tenant’s information is considered when determining approval. (Roommate information, including income, credit score, or rental history, does not factor into the approval process.)
• A background check will still be conducted on all roommates for safety and security purposes.
Income:
• Your average gross monthly income should be at least three times the rent. (For example, if rent is $1000 per month, your income needs to be at least $3,000 per month.) • If you have been at your current job for less than a year, we will request previous employment history for additional verification.
Credit:
• Credit score must be approved.
• Applicant may be denied if he/she has money judgements
Rental History:
• We do not accept applicants with an eviction within the last 5 years. • Older evictions may be considered on a case-by-case basis.
• If this is your first apartment, we may require a co-signer to ensure financial responsibility.
Co-Signer Option:
If you do not meet these requirements, you may still be approved if you add a co-signer who meets the criteria. Co-signers must be parents or legal guardian residing within the United States.
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Do You Accept Rent Assistance?
Yes, Key Management accepts rent assistance in compliance with Wisconsin law. However, acceptance of rent assistance does not change our income qualification requirements.
Income Qualification:
• To be approved for an apartment, the average gross monthly income must be at least three times the rent.
• This income requirement applies to all applicants, including those receiving rent assistance.
• Rent assistance payments are not counted as income when calculating the three times the rent requirement. Applicants must demonstrate that their personal income meets the criteria independently.
• Only one applicant per rental agreement is permitted. Additional occupants are considered roommates and must be listed as such.
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How Long Does It Take To Process An Application?
• Once all applications have been submitted, it typically takes about 24-48 working hours to review and process the application.
• Please note: Applications are processed during the week only. We do not process applications on weekends.
• However, the processing time may vary depending on how quickly information can be verified. Delays can occur if we are waiting for responses from employers, previous landlords, or other necessary verifications.
• We will make every effort to process your application as quickly as possible, but verification delays may extend the processing time.
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Can I Pay The Deposit To Hold The Apartment Before Completing The Application?
We do not accept deposits until the application has been approved.
Co-Signer Information & Approval Process
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Who Can Be a Co-Signer?
• A co-signer must be a parent or legal guardian residing within the United States. • Co-signers must complete an addendum.
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What Does Being a Co-Signer Mean?
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What Co-Signers Are NOT Allowed To Do
• Access the Apartment: Co-signers do not have the right to enter the unit or obtain keys.
• Receive Tenant Information: Co-signers cannot request information regarding rent payments, maintenance issues, or any other tenant matters.
• Act on Behalf of the Tenant: Only the primary tenant can discuss rent agreement details, maintenance requests, or account issues with management.
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Why These Rules Exist
Wisconsin law protects tenant privacy, and co-signers are not considered tenants unless specifically named as such on the rental agreement. Even if the co-signer is financially responsible, they do not gain tenant rights or access to information related to the unit.
Important:
To minimize confusion, please ensure that both the tenant and co-signer understand these limitations before completing the application process.
After You're Approved: Lease, Move-In & Office Info
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How Do I Sign My Rental Agreement and Pay the Deposit?
If your application is approved, you will receive an electronic rental agreement and a list of requirements, addendums, along with a timeline for completion. This process is entirely online.
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I’ve Paid My Deposit and Signed the Rental Agreement—What’s Next?
1. Receiving Your Rental Agreement:
After you’ve paid your deposit and signed the rental agreement, you will receive a signed copy via email within 24 business hours.
• If you do not receive it within that time, please call us at (414) 276-5611, Est. #202.
2. Preparing for Key Pick-Up:
Once your rental agreement is signed and your first month’s rent is paid, you will need to contact your on-site manager to schedule a time and date for key pick-up. A list of managers' names is available on our website.
• You can make your first month’s rent payment online via the tenant portal or by mail to:
Key Management
PO Box 510675
Milwaukee, WI 53203
3. Setting Up Utilities and Renters Insurance:
If electricity and/or cooking gas is not included in your rent, you must set up your account with WE Energies before your rental agreement start date. We Energies 800-242-9137
• Proof of account setup will be required before you can receive your keys.
Additionally, you must provide proof of renters insurance prior to move-in. Renters insurance protects your personal belongings and is a mandatory requirement for all tenants.
Failure to provide proof of both WE Energies account setup and renters insurance may result in a delay in key pick-up and move-in.
• Please plan ahead to ensure a smooth move-in process.
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Office Visits by Appointment Only
Our office is by appointment only. Walk-in visits are not permitted—this includes paying rent in person.
• Please do not come to the office without an appointment, even if you are looking to pay rent.
• To schedule a visit, please call us at (414) 276-5611 or email us at support@key-apt.com. You can emphasize this text with bullets, italics or bold, and add links.