ENTRY LEVEL BENEFITS
Monthly Cost: $10
What’s Included:
Participants have a waiver amount up to $15,000.
Any damages that exceed $15,000, the resident will be held liable.
An Incident Fee of $500 will be charged in exchange for waived damage costs at the time of a covered incident.
Renter’s Insurance is REQUIRED to obtain Entry Level Tier.
*Wesley Apartment Homes, LLC - PO BOX 501445, Atlanta, GA 31150 MUST be listed as an ADDITIONAL INTEREST / ADDITIONAL INSURED on your Renter's Insurance Policy.
Participants DON’T receive Extra Perks within this Level, (See Gold Level).
Participants will ONLY receive the Standard Benefits defined below.
Standard Benefits of All Levels of PTA
In addition to waiving your liability, the PTA program gives additional valuable benefits.
If the entire building in which resident resides must be evacuated for over ten (10) days for repairs or reconstruction due to an accidental fire or flood, then resident will be entitled to the following benefits:
Same-Month Rent Reimbursement - Monetary reimbursement for any rent monies that have been paid by the resident for unused rent. This reimbursement is prorated from the day that the incident occurred. This is intended to help with expenses of displacement and inconvenience
2. Lease Termination Protection – PTA resident has the right to terminate the lease as of the date of the incident and move out of the property without liability for termination fees | stipulated damages, waiver of the 60-day notice requirement, and return of their full security deposit (minus any utility reimbursements). If resident exercises this right of early termination, resident is still entitled to receive prorated Same-Month Rent Reimbursement as set forth above.
3. Free Rent Vouchers - If PTA resident elects not to terminate the lease and rather to remain a resident at the apartment community, in addition to the Same-Month Rent Reimbursement amount above, resident will receive additional free rent vouchers in the amount of $3,000 that can be applied to rent or to rent differentials on a substitute apartment on-site.
Note: Free rent vouchers may be used at any time up to six (6) months from the date of the incident. They are not transferable to any other party or individual.