Gastright Properties

Rental Information

Gastright Properties is a Family owned and operated business. At every level of our operation you will be dealing directly with the owners of your apartment. We live in one of our own buildings and we try to offer apartments for rent that we ourselves would live in. Our occupancy rate is very high compared to most apartment complexes and we usually have several possible tenants for each vacancy.

We own properties in historic Covington Kentucky and nearby Park Hills. We buy our properties in distressed condition and restore them to better than new. If you are interested in a more economical solution we also have apartments which have not yet been restored which we offer at reduced rates.

If you have found an apartment in our list of current rentals which appeals to you please print out our application and contact us. A list of house rules from the lease is included below.

We look forward to hearing from you.
Sincerely,
The Gastright Family

House Rules
In order to achieve maximum contentment in your home it is necessary to have certain clearly understood policies to help maintain community appearance and tranquility. We use these rules as little as possible but they are there to protect you and us if need be. Your new home is rented under the following conditions:

Security Deposit
A security deposit is required for the faithful performance of this agreement. Any breach of the agreement will result in eviction from the premises under current eviction law. All rents due under the terms of this agreement will be collected from the security deposit. A breach will also require the payment of all repairs, cleaning, rent loss, and other costs associated with said breach. You agree to rent the premises for 12 months or more, to pay full rental to the end of the rental period in which the keys are returned, to give 30 days written notice prior to moving, and to leave the premises in a clean and rentable condition. If the property is left damaged, dirty, or painted in any color other than the original color, you will be charged the actual cost of clean up and or repair. The security deposit may not be used for any portion of the last month's rent. Pets: Pets are not permitted unless you receive our prior written consent and pay an increased deposit and rental.

Use and Occupancy
You shall personally use the premises solely as a private dwelling for the people named herein. Additional occupants require written consent of the management, and additional rent. You shall use the premises in such a manner as to comply with all laws and shall not use the premises or permit it to be used for any disorderly or unlawful purpose or in any manner offensive to any other occupant of the building or of any adjacent building.

Sub-Letting
You may sublet the premises provided you get prior written consent and pay twenty-five dollars ($25.00) for an application fee.

Alterations
You shall not remodel or make any structural changes to the premises, nor shall you attach or remove any item without prior written permission. This includes, as examples only, fixtures, locks, wires, cables, carpets mounted on carpet strips, appliances, ceiling fans, TV antennae, cable TV installation, and any other item nailed screwed, glued, or otherwise attached to any portion of the premises. Anything attached to the property will, at the option of the owner, become the property of the owner and will not be removed unless the owner gives written consent for it's removal. If the owner chooses to have it removed, the applicant agrees to make complete repairs to restore the unit to original condition.

Access
Extermination will be provided as requested by the tenant and without charge. We reserve the right to enter the premises for maintenance and to show the property to building inspectors, appraisers, prospective buyers, etc… The property will also be shown to prospective renters after any notification that you are leaving. If feasible 24 hour notice will be given.

Damages to Premises
We will repair your home with reasonable promptness when caused by forces beyond your control. You agree to pay for repair of the premises and plumbing stoppages when caused by your misuse or that of your family, guests, or servants. If you believe repair is required by us, please give us a written notice. We will normally start the repair within (7) seven days. We shall not be responsible for damage or loss to your personal property stored in the premises. For this reason we encourage you to protect your personal property with your own insurance. Repairs made by you without our written permission shall be at your expense. Waterbeds are not permitted.

Electric Light Bulbs
We supply your home with electric light bulbs, fuses and florescent tubes at the time you move in. You are responsible for replacements after that date and shall leave working replacements when you vacate the premises.

Smoke Alarm
You are responsible for checking the smoke alarm monthly and replacing the battery as required. A beeping sound indicates the battery is running low. Notify us if you use a fire extinguisher. Damaging or removing any part of the smoke detector or attempting to block the smoke intake for any reason shall constitute breach of this lease agreement and may result in a portion of your security deposit being withheld.

Public Areas
The public areas of our buildings are smoke free areas, no smoking is permitted in the hallways, basements and other area's of public accommodation within the building. No trash, trash receptacles, or furniture may be stored or left in the public areas of your building. If your apartment has access to a private porch or balcony you may use outdoor furniture suitable for outdoor use. Storage of other materials and objects on exterior balconies and patios is not permitted. The tenant is responsible for all damages and/or cleaning resulting from the use of any outdoor appliances/cooking instruments.

Disturbing Actions
You shall not commit or permit any action, which will unreasonably interfere with the rights, comforts or convenience of your neighbors. You shall keep the volume of any sound sufficiently reduced at al times so as not to be heard outside your living unit. Children are not permitted to play in hallways or basements.

Delinquent Rent Payments
Our ability to provide you services rests in large part on our receiving rental income promptly. For this reason if we fail to receive your rent installments on or before (5) days from the due date you shall pay to us the sum of thirty dollars ($30.00) plus two dollars ($2.00) per day after the 5 day grace period in order to compensate us for the added expense of processing such delinquent accounts. This is in addition to the monthly rent. If the charge is not tendered with the monthly rent, we shall not be obligated to accept the rent. Payment will be late if the bank fails to honor your check. You will pay the late charge plus a twenty five-dollar ($25.00) service charge on each returned check.

Removal of Personal Property
If after violation of any provision of this agreement, you move out and fail to remove any of your personal property, then the personal property shall be deemed abandoned. Failure of the post office to deliver a certified letter to you shall be considered bona fide evidence that you have moved.

Renewal of Agreement
At the end of the year term this agreement will automatically be renewed for an additional year and thereafter from year to year under the same terms and conditions. This agreement can be terminated or modified by giving written notice (30) thirty days prior to the renewal date. This agreement is with the present owner and any new owner may, at his option cancel the agreement by giving (30) thirty days written notice. Rental Adjustments: Due to rising costs of fuel, taxes, and maintenance we can only guarantee your rental for 6 months. After the first 6 months your rent may be adjusted in accordance with changes in our operating expenses.

Cancellation Agreement
There is no provision in this agreement for rental periods of less than 12 months. Should an emergency arise requiring you to relinquish the property during the rental period, notify us in writing and obtain a written release from the agreement. In this event you will be charged only the cost of restoring the apartment to rentable condition plus advertising, showing costs, and rent loss incurred until the new resident moves in. Your liability for rent loss is limited to (30) thirty days after restoration is complete. This privilege of cancellation does not apply unless rent is paid in full and all other provisions of this agreement have been honored.

If Your Heat is Provided
Your rents have been calculated based on a 12-month stay. Heating costs are naturally higher during the winter months. If you do not fulfill a full 12-month rental agreement you will be assessed a charge for each heat use month which is not offset by a non-heat use month.