What are Co-op friendly leases and how do they work?
If you are going on Co-op and Global Experience, you will sign for an 11.5 month lease term. Once you receive approved paperwork from your Co-op employer or Global Experience advisor, you will submit that documentation to the LightView management team for review. All requests must be made in writing and received no later than seven days after the acceptance of the Resident's Co-op or Global Experience offer.
If LightView management approves your request, we will release you from your lease for your Co-op or Global Experience term/period and you will sign a revised lease excluding the period of time you will be away.
What documents are required for this request?
You must provide proof of participation in a qualifying Co-op or Global Experience program to be considered for a lease term adjustment.
When deciding what paperwork to turn in, you have three options:
- Approval letter from NU Co-op coordinator or academic advisor,
- Job Offer Letter from the Co-op employer; or
- Screenshot of NU Global Experience and Letter of Approved Program
What are the benefits to you?
If your Co-op or Global Experience lease term adjustment request is approved by LightView management, you will:
- Avoid paying relet fees
- Have no obligation to find a replacement
If you are going on Fall Co-op, we have January lease terms available so you won’t have to worry about housing when you return for classes. This offer is also valid for a Semester in Silicon Valley.
| Rates/installments, fees, caps, promotions, deadlines, amenities and utilities are subject to change. To the extent changes are made, you are bound by the lease you enter into. You are not entitled to claim a reduction due to later promotions or rate/installment decreases. Rates/installments do not represent a monthly rental amount (and are not prorated), but rather the total base rent due for the lease term divided by the number of installments. Select floor plans and lease durations only. Limited time only. See office for details. |