Contract Assumptions

Quick Links: Contract Assumption Policy, Contract Assumption Process

In University owned/operated apartments, to avoid the cancellation penalty, residents with an active contract may find another eligible, non-contracted, ISU student to assume their contract.

Contracts Currently Available for Assumption

Below is a list of individuals who are currently seeking someone to assume their University owned/operated apartment. If you are interested in the apartment they have available, please contact them directly via the email address they have provided. They can provide you with additional details regarding their specific space. We cannot guarantee that the apartments listed below are still available, only that we have not yet been contacted to finalize an assumption.

Apt. Type
Fall 2018FC31382
Fall 2018FC73122
Fall 2018LA528B2 
Fall 2018FC24254
Fall 2018FC41172
Fall 2018 FC63164
Fall 2018SV11A2 BedroomM/
Fall 2018SV43C2 BedroomM/ 
Fall 2018LA5282
Fall 2018FC63122
Fall 2018FC63122
Fall 2018UV110F2
Fall 2018FC13164
Fall 2018UV167B2
Fall 2018FC81114
Fall 2018UV101A2

Contract Assumption Policy

Taken from the On-Campus Housing Contract Terms and Conditions

Section V. H. Contract Assumption ~ FREDERIKSEN COURT, LEGACY, and SUV ONLY

  1. Residents who wish to cancel their contract and remain enrolled may avoid cancellation penalties by finding a non-contracted, eligible student to assume their contract. The following conditions apply:
    1. The resident must notify the DOR, PRIOR TO CANCELLATION, of his/her intention to find someone to assume the contract.
      1. Once the resident cancels the contract, he/she forfeits the assumption option and will be responsible for any cancellation penalties assessed.
    2. If the resident has not identified an eligible student to assume the contract, he/she may create a flyer (template available on-line) and submit it to the DOR office. DOR staff will post the flyer and refer interested, eligible students to the flyer; however the DOR assumes no responsibility for finding someone to assume the contract.
      1. Prior to move-in, the resident will have until the first day of class to find an eligible student to assume the contract. At that point, the resident must either check in to the assigned space or cancel his/her contract and be charged the cancellation penalty.
    3. The resident cancelling the contract will be released from the contract once the assuming resident submits a contract and checks-in. At that time the new resident becomes responsible for all of the contract terms.
  2. In Frederiksen Court, the resident assuming the contract must be the same gender as the remaining residents of the apartment.
  3. In SUV shared apartments, the resident assuming the contract must be the same gender as the remaining resident of the apartment, unless the remaining resident agrees, in writing, to accept a roommate of the opposite gender.

Contract Assumption Process

Do not cancel your contract until you have completed this process. Once you have cancelled your contract, you no longer have a contract to assume.

  1. If you have already identified someone to assume your contract, skip to step four, otherwise, using the templates below, or one of your own design, create a flyer advertising your apartment as available for assumption.
  2. Email expressing your desire to have your contract assumed. Your email should include:
    • Your full name and ISU ID#
    • Your assigned apartment information
    • An attached copy of your completed flyer
  3. Post your flyer anywhere you think it will get attention.
    • The DOR will post your flyer outside of the main office at 2419 Friley Hall and will include your information on this web page.
  4. When you find someone to assume your contract, the two of you will need to complete the Housing Contract Assumption Form and submit it to the DOR via one of the methods detailed on the bottom of the form.

Once you have completed this process, provided you and the person assuming your contract meet all of the requirements outlined in the Contract Assumption Policy, you will be released from your contract without penalty.