I would also suggest contacting the local housing authority to find out more about the terms of the monthly contract in that state. Student rentals almost always include a guaranteed short-term lease for a fixed term of 12 months. In addition, there are two main types of leases that a landlord can offer to a group of students. My experience is not within the condo community, but I have never seen a lease that is signed before approval is granted in other types of communities. What I do know is that rental regulations vary by state and type. Associations usually write these instructions in the commitments, conditions and restrictions (CC&R) and rules and regulations of the association of co-owners and may even offer a preferred rental form. If you can`t find this in your documentation, I highly recommend that you call the condominium corporation to ask…