Lux Co-Living – Terms and Conditions

Welcome to Lux Co-Living! These terms and conditions outline the rules and regulations for living in our community and using our services. By moving into one of our properties and/or utilizing any of our services, you agree to comply with these terms.

1. Eligibility

All tenants must be at least 18 years of age.
Tenants are required to stay for a minimum of 3 months.
All tenants must complete the necessary onboarding process, including signing the rental agreement and paying the applicable deposits and rent.

2. Payments

Rent is collected on a weekly basis and must be paid on time.
Payment methods include direct deposit or other methods agreed upon during the onboarding process.
Late payments will incur a late fee as outlined in your rental agreement.

3. Security Deposit

A security deposit equivalent to $125 must be paid before moving in.
The deposit will be returned within 30 days of moving out, provided there are no damages or unpaid balances.

4. Co-Living LLC Membership

Each tenant will be granted a $1 share in the LLC, which represents part ownership of the house they reside in.
Shares are automatically sold back to the LLC upon moving out.
Tenants must return all house keys and any rented items before the shares are relinquished.

5. Tenant Responsibilities

All tenants are expected to keep common areas clean and respect the property and the privacy of fellow tenants.
Each tenant is responsible for maintaining their own space and contributing to the upkeep of shared spaces.
Tenants are required to bring their own bedding; mattress protectors are provided.
Noise should be kept to a minimum, especially during quiet hours between 10 PM and 7 AM.

6. House Managers

Each house has a designated House Manager to ensure operations run smoothly. Please contact them for any immediate concerns or issues.

7. Property Management

Lux Co-Living employs Property Managers who handle maintenance, inspections, and other needs on an as-needed basis.
Maintenance personnel visit weekly to address any issues related to repairs or upkeep.

8. Lease Termination

Lux Co-Living reserves the right to terminate the lease if tenants violate any terms or are involved in activities that disrupt the community or cause damage to the property.
A tenant can also terminate the lease with 30 days’ notice, provided the minimum 3-month stay has been fulfilled.

9. Visitor Policy

Guests are welcome to visit but must be accompanied by the tenant at all times.
Overnight guests are limited to a maximum of 3 consecutive nights and must not disturb other tenants.

10. Pets

Pets are not allowed unless otherwise agreed upon and specified in the lease agreement.

11. Liability

Lux Co-Living is not liable for any personal injury, damage, or loss of property.
Tenants are responsible for securing their own renters’ insurance if desired.

12. Community Etiquette

Lux Co-Living fosters a community-centered environment. Harassment, discrimination, or disruptive behavior is not tolerated and will result in immediate termination of the lease.

13. Maintenance and Repairs

Tenants are required to report any damage or necessary repairs promptly to the House Manager.
Repairs will be carried out by our maintenance team within a reasonable timeframe.

14. Smoking Policy

Smoking is strictly prohibited indoors. Tenants are allowed to smoke only in designated outdoor areas.

15. Privacy Policy

Lux Co-Living respects the privacy of its tenants. Personal information collected during the leasing process will not be shared with third parties without the tenant’s consent.

16. Modifications to Terms

Lux Co-Living reserves the right to modify these Terms and Conditions at any time. Tenants will be notified of any changes before they take effect.

17. Contact Information

For any inquiries or concerns, tenants should contact their House Manager or reach out to Lux Co-Living’s main office at 800-399-4530.

Terms & Conditions