Frequently Asked Questions
How long is your lease?
We typically offer a 12-month lease, but depending on the time of year shorter terms may be offered or available.
What are your application requirements?
Application Criteria: Every resident 18 years and older (including adult children) residing in the residence must complete a rental application and provide photo identification. Incomplete or falsified applications are not accepted. We may verify each applicants housing history, employment, credit scores, criminal history, and/or income (at 3x the rent).
How much is the security deposit, what's due upon applying, and are there any application fees?
The security deposit is equal to one month's rent. $300 of this is paid at the time of application (as earnest money), along with a $7.50 per adult applicant non-refundable credit check fee. Earnest money is applied towards the total refundable security deposit upon execution of the lease agreement.If the application is rejected by management, the Earnest Money will be refunded in full. If the application is approved and the applicant fails to take occupancy, management will withhold $200 of the $300 earnest deposit.
When is rent due?
Rent and fees are due on the first of each month.
How can I pay my rent?
Kennedy Manor is a paperless property! We ask all residents to use our secure and easy-to-use Online Resident Portal and pay rent for free using their checking or savings account. Credit card and MoneyGram® payments are also available, however, a third-party service fee will apply. We also accept eCheck and credit card (service fees apply) payments over the phone. Checks or money orders mailed to our main office in Madison are accepted, but no cash please.
Is there a late fee for overdue payments?
A 5% late fee will apply if you pay on or after the third of the month.
Are utilities included?
Residents are responsible for paying their utilities through Stoughton Utilities and Alliant Energy.
Are the apartments furnished? What is included?
The apartments are not furnished.
Is renter's insurance required?
Steve Brown Apartments requires that each resident maintain a renters insurance policy, with a minimum limit of liability for bodily injury and property damage of $100,000, throughout the term of their lease. We also require that you name SBA Management Services as an “Additional Interested Party” on the policy.
How much does renters insurance cost?
Most policies cost $15 or less per month. This small monthly bill can protect you from accidents that could end up costing you tens of thousands of dollars in damages.
Why should I carry renters insurance?
To protect you from a variety of accidents and losses, especially the very expensive ones we see almost every year. For example, a resident accidentally released the fire sprinkler valve in their unit and caused $40,000 in damage to their belongings, their apartment, their neighbor’s apartment, and the common areas in their building. Fortunately, this resident had renters insurance, and the damages were covered by their policy instead of out of their pocket.
What does a renters insurance policy generally cover?
Theft of property, such as stolen electronics or missing packages, damage from smoke, lightning, windstorms, or hail, vandalism to your property, water damage, liability for bodily injury to other persons, etc.
Can I wait until I've moved in to start my coverage?
Per our lease agreement, all residents without renters insurance on their move-in day will be placed on our master insurance policy for a nominal monthly fee. Please note the master policy DOES NOT cover your personal items, only damages to the building. Once we have proof of independent coverage, we’ll remove you from the master policy.
How do I get a renters insurance policy?
Simply add the policy with the company that holds your vehicle insurance, or call the insurance agent (or agency) of your choice. If you don’t have a preferred insurance provider you’re encouraged to consider ResidentInsure. All of our properties are pre-approved for coverage so you can sign up in less than five minutes. Visit www.residentinsure.com to get started.
Do you allow pets? What is the pet policy?
Due to the historic nature of the property, pets are not allowed.
What is the smoking policy?
This is a smoke-free community.