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January 29, 1967 - Image 11

Resource type:
Text
Publication:
The Michigan Daily, 1967-01-29
Note:
This is a tabloid page

Disclaimer: Computer generated plain text may have errors. Read more about this.

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PAGE TWENTY-TWO

THE MICHIGAN DAILY

SUTNDAY,. JANUTARY 29, 1967

SUNDAY, -JANUARY 29, 1967,

THE MICHIGAN DAILY

=tea aa v .a " sJ a. F,)Vi"Yt1} V11A\ViAJAIi NUj iVV

SUNDAY, JANUARY 29, 1961

SUMMER SUBLET
3 bedroom apt.
brand new building,
balcony,
air-conditioner,
dishwasher, garage,
wall-to-wall carpets,
paneled walls.
Available for entire summer
525 Walnut
(close to campus)

I

spacious modern
apartment
2 blocks east of campus
PARK PLAZA
plush 5-man apt.
completely furnished,
air-conditioned,
garbage disposal,
parking facilities,
3 bedrooms,
5 large closets
2 sundecks
(one facing S. University)
Call 665-6756
for personal inspection
of Apt. 34
1 320 S. University

FOR A
SUMMER
OF EASY LIVING
modern
3-man apt.
with air-conditioning,
garbage disposal,
dishwasher, bar, and
ample parking.
Completely furnished,
in excellent condition.
ON COMMUTER BUS LINE

I

Learn toSurf,
This summer
only 1 block from campus
Wanted: 2 men (or women)
to enjoy swimming pool.
air-conditioning,
garbage disposal,
completely furnished,
live-in-manager,
plus many other features.
Call Mike or Les
at.
662-6993

I

CHEAP
$160 month
Modern 4 -man
FURNISHED APARTMENT,
air-conditioning,
dishwasher, a
garbage disposal,
parking lot,
balcony, bar,
2 bedrooms and
free case of beer.
913 Dewey -No. 3
Call 663-4093
298

Apt. 1
761-6159

Before Signing Any Lease Wide Range
In Off Camp

294

Call 663-7798
for personal inspection.
Apt. No. 5
823 Brown Street

Know the lesponsibilities

51

29

296

536 S. Forest
297

I.

.

THINK SUMMER
3MAN
$45 per man
" Ideal location
corner Hill & S. Forest
" FREE parking
" Gas
" Electric
" Spacious living room
20' x 14'
" Large kitchen
* Wall-to-wall carpet
" Solid walls
" Backyard
" 7 big closets
* new furniture
" laundry facilities
Call 761-4965
299

zblock from
St. Joseph
modern, air-conditioned,
fully carpeted,
large top floor,
balcony-great view.
4-man
813 E. Kingsley
Apt. D-3
Call 761-8771
30C

1200 PROSPECT
Enjoy Your Summer!
Have Wild Parties!
Large, Modern,
air-conditioned
2 bedroom apartment,
spacious living room
and kitchen,
huge furnished basement
party room.
ample parking.
CALL 665-2313
301

I

f

Summer Sublet:
12 of a two-man (male)
four-room apartment.
$65 per month
with no utility payments.
2 blocks from campus.
survived by a serious
senior history major.
Call 668-8411
between 5:30-6:30
31 1 Thompson, Apt. 3
302

Modern
2-bedroom

1

Block from

Law Quad
" Air-conditioned
" Disposal
" Enclosed parking
Call
X663-9257

Reprinted from
Off-Campus Booklet
While the University provides
assistance, University students
are considered responsible citi-
zens. As parties to a lease (lessees),
tenants undertake certain respon-
sibilities which should be clearly
understood. As residents off-cam-
pus, they undertake certain res-
ponsibilities which should be;
clearly understood by all parties
to any agreement. Leases should
be read carefully before they are
signed. Before signing any lease,
any questions should be reaised
and written clarification obtained
from the landlord or the agent.
Questionable provisions should be;
brought to the attention of the;
Off-Campus Housing Bureau be-
fore signing the lease.
Once an apartment is decided
upon, arrangements are made en-
tirely with the owner or manager
of the property except for in-
surance on personal property. Al-
most all apartments are rented
through a lease,the duration of
which depends upon the policy of
the owner. Rooms occasionally are
offered on a weekly basis, more
frequently by the month or the
school term, and most according
to an eight-month lease.
Apartments for more than one
occupant are usually leased by
the unit according to the terms
of a joint lease. Each student,
therefore, is jointly responsible for
the total rent and full lease of
the apartment he shares with
roommates. If every roommate
pays his share of the total rent.
each has only his portion to pay.
If, however, one should leave the
University without finding a re-
placement and without taking
care of his rightful portion of the
lease, those remaining could find
themselves in the unfortunate
position of paying the absentee
roommate's rent. Because very
few property owners offer an in-
dividual lease, it is well to ar-
range housing with roommates
who have every intention of re-
maining in school in the fall and
winter terms or for the full term
of the lease. Students who find
that they must leave the campus
during an academic year are ad-
vised to inform the Bureau as
early as possible for assistance and
advice.
Because of the joint lease and its
attendant responsiblities, it is well
to know about the living habits
and sleeping schedules of pros-
pective roommates. It is wise not
to take unnecessary risks by sign-
ing a joint lease with a person
just because he happens to need
a roommate.
Leases may be either Univer-
sity Rental Agreements or private
leases. Both types of contracts are
approved by the Office of Student
Community Relations. If an apart-
ment or room, or the company
which rents the property, is list-
ed by the Off-Campus Housing

Bureau, the University offers a
mediation service to both stu-
dents and owners when differences
arise after the lease is signed.
The terms of renting may be
a significant factor in choosing a
place to live. If, a student plans to
stay for only one term when he
enrolls in the fall, he may find
a lease of eight months or a full
year a serious problem because he
will be -financially responsible for
the duration of the lease unless
he finds a replacement for him-
self. If he accepts a twelve-month
lease when he plans to be at Mich-
igan only during the fall and win-
ter terms, he will have the res-
ponsibility of sub-letting his a-
partment for the summer. In ad-
dition, he is almost sure to suffer
a loss in sub-letting his apartment
since summer brings fewer stu-
dents and rents are lower.
Private housing in Ann Arbor,
as in most urban communities, is
usually offered for lease on a
twelve-month basis. Since the
greatest influx of students occurs
in late August, the usual student
lease runs from about August 20 to
August 20. Many students, how-
ever, do not need Ann Arbor
housing for more than 8 1/3
monthseach year, or the period
covering the fall and winter terms.
A twelve-month lease, therefore,
carries with it the burden of find-
ing sub-tenants for the summer
months or suffering the financial
loss of rental payments on un-
used quarter for 3-2/3 months.
Property owners finance their
buildings according to a twelve-
month occupancy. They are able
to offer tenancy at the lowest rent
by writing twelve-month lease. If
they shorten the length of the
lease and take the responsibility
of re-renting the property them-
selves for the summer period, they
increase operation costs and risk
further losses through possible
vacancies in the summer. They
can, of course, protect their in-
vestment by increasing the rent
for eight months.
Students who sub-let their
quarters find the responsibility
burdensome and untimely. They
may list their apartment with the
Off-Campus Housing Bureau in
the Student Activities Building,
put a paid advertisement in the
Michigan Daily, and publicize
through friends the fact that they
are looking for sub-tenants. They
find that most prospective sub-
tenants delay final summer plans
until the last minute in the hope
that rents will drop when lease-
holders begin to despair of rent-
ing.
This practice puts the active
sub-let market right into the mid-
dle of the examination period.
Desperate tenants sometimes rent
unwisely in order to realize some-
thing on what has begun to look
like a total loss, and unknowingly
set up another possibility of fin-
ancial loss for themselves. As

original tenants, they continue to
be responsible for the condition
of the apartment until the ex-
piration of the twelve-month lease.
Even when they collect a large
damage deposit .they are in some
danger of losing all of their own
deposit should their sub-tenants
not be careful of the property. A
large damage deposit however is
hardly a selling point to sub-
tenants and has the effect of
sending them off to find a better
bargain.
Certain property owners are
establishing the practice of offer-
ing an eight-month lease with an
attendant increase in rent to com-
pensate for added operational
costs and rental risks. They have
added to their lease form a clause
which gives the student-tenant
the option to rent for eight or
twelve months. The clause reads
as follows:
"The parties agree that the
Lessees shall have the option to
terminate this lease and vacate
premises on ...........provided
that this option is exercised by
delivering a standard written no-
tice (available at the Off-Campus
Housing Bureau, Student Activ-
ities Building), signed by all stu-
dent Lesses, retaining a copy
thereof signed by Lessor, of Les-
see's intent to exercise same to
Lessor on or before .... .......,
and further provide that payment
of $..........as consideration
for said option is paid to Lessor
as follows: One-half on the date
written notice of election to ex-
ercise this option is given Lessor
as provided above, and the bal-
ance on or before ...........Les-
sor agrees to return the security
deposit to Lessees as provided in
Paragraph 3 above.
The terms of the eight-month
option allow the student some lat-
itude in making a decision about
a termination date. Two major
factors enter into such a decision:
a fairly certain opportunity to
sub-let to reliable sub-tenants at
a fair return; and the possibility
of an original tenant's attending
the spring-summer term. Under
all circumstances, a lease written
so that all the tenants are jointly
responsible for ful-filling the
terms of the agreement requires
that either an eight- or a twelve-
month arrangement must be en-
tered into by all members to the
lease. If one or more of the ori-
ginal tenants make individual
plans not in accordance with the
signed agreement, the problem be-
comes an internal one among the
roommates and does not absolve
any of the parties from perform-
ing according to the terms of the
lease.

Reprinted from
off-Campus Booklet
There are new, furnished apart-
ment buildings and apartments in
converted homes on all sides of
the campus. Single and double
rooms in converted homes are
scattered among the apartment
buildings. Some of these accom-
modations are as close as the
edge of campus; others are within
reasonable walking distance. Park-
ing in the city is a real problem so
most students find it more con-
venient to walk . to classes than
to compete for parking space.
Large buildings in the immed-
iate campus area contain many
four-person furnishedlunits. Be-
cause of land and labor costs,
builders recently have limited
their campus area constructions
mainly to the four-man furnished
unit. Efficiency apartments are
not in heavy supply and are ex-
pensive. Two- and three-person
apartments are currently avail-
able in greater numbers in con-
verted buildings.
Rates are highest in campus
area. Each student may expect
to pay between $50 (very low)
and $75 as his monthly share in
a two-, three-, four-, or five-man
furnished apartment. Almost all
apartmentsaare rented through a
lease.
Married and some single grad-
uate students find that unfurnish-
ed apartments within the City,
but a mile or two from campus,
are suited best to their needs.
There are one-, and two-bedroom
unfurnished apartments in a num-
ber of large buildings on all sides
of the campus some distance a-
way. These all are convenient to
schools, shopping centers, and, in
most cases, churches. Furnished
houses in limited supply may be
rented for one term or more when
faculty members are temporarily
away from the University. Un-

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303

I

I

Air Conditioned
4 Man
South Campus Area
ONE CASE OF
BEER FREE
WHEN YOU SIGN
Phone 761-8819
or visit
503 Hill, No. 102
304
INEXPENSIVE
2 BLOCKS FROM CAMPUS
Air-conditioned
2 bedrooms
2 floors
DISHWASHERj
Disposal
PATIO
ELECTRIC BARBECUE
1 to 4 girls first half
1 to 3 girls second half
610 S. Forest, No. 5
Call 761-7076
ANYTIME
305

READ
AND
USE
DAILY
CLASSIFI EDS
NOW RUNNING
A SPECIAL
SUMMER SUBLET
CLASSIFICATION

I

Lm

WE MADE IT

v

ARRANGE SPRING-SUMMER TERM-
HOUSING NOW...
Rooms available for less than $50.00 per month
JurLiors-Seniors-Graduates, eligible for assignment to
Baits Houses, may apply now for spring half-term, sum-
mer half-term (6 or 8 weeks) or spring-summer term.
Singles-Doubles-Double Suites-Triple Suites are avail-
able. No food contract; room only. Apply now at 3011
Student Activities Building.
THE UNIVERSITY OF MICHIGAN OFFERS THE SER-
VICES OF THE OFF-CAMPUS HOUSING BUREAU TO
ALL STUDENTS, AT NO CHARGE, WHO WISH TO
SUBLET APARTMENTS, ROOMS AND HOUSES OR
FIND HOUSING.
All listings offered and accepted through this office
must conform to the Regents By-Laws an open Oc-
cupancy and be' certified by the City of Ann Arbor
Building and Safety Engineering Department.
The offices are located in the Student Activities Build-
ing, Room 2258, and are open week days 8 a.m. to 5
p.m for listings by phone or in person
764-7400 2258 SAB

Thanks to the hard work of all those involved a
energies contributed we 'managed to meet our d
lish our annual Apartment Supplement. A spec
assistant, Anne, and all my trainees. Special cr
the office staff and the men in the shop. Than
witz, our photographer and

i

ANNE SIMON
STEVE ELMAN
MARTHA WEINER
LUCY PAPP
LIBBY MATSUHIRO

MARY
MR. MATTS(
MR. CHATTE
DANNY SOB
MARCIA GAl

)

LOVE AND STUFF,
ERICA KEEPS, Promotions A

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