The usual fees tenants are responsible for
October 8, 2008 Reference No Comments
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- Application fee is the initial fee you pay. This is used to process your application, run background and credit checks on you before finally accepting you as a new tenant.
- Administrative fee includes all costs in leasing to a new tenant.
- Pet fee is for renters with pets. Some buildings prohibit pets because having them mean extra work for their maintenance department/crew in the common areas, and the inevitable damage to the unit the most common of which is the carpet plus the disturbance they could create with the other tenants in the building such as the noise they make i.e. barking (for dogs).
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Other buildings require pet owners to submit a copy of their dog’s vaccination certificates and other proof of inoculation, to prevent the spread of rabies and other diseases normally associated with pets. If the pet has done no damage to the apartment unit, usually the money will be refunded. But then again, the renter can refer to the contract you signed and check its stipulations on this matter.
- Redecoration fee could mean the repainting/touching up of the unit before a new tenant moves in. It includes all expenses incurred to make the unit ready for occupancy such as minor repairs or changing of door locks.
There could be other fees included depending on the area and the building, but whatever they are, be sure to include them in your computation of your monthly budget.
