Tenant Fees

Tenant fees may include, but are not limited to the following: 

 

Late fees: If the tenant fails to pay the entire rent due by the 6th day of the month, the tenant will be charged 8% of the current rent. 

Payments:  All bills, late fees, and all other charges will first be deducted from tenant's; payment remaining funds will be applied towards rent.

Tenant Residential Liability Insurance:  If Tenant fails to provide Landlord written proof of Tenant Liability Insurance or renewal certificate, Landlord is authorized to purchase landlord's Legal Liability insurance policy (“LLIP”) on behalf of the Tenant and the cost of the insurance($8.99) and processing fee ($3) will be charged to the Tenant and included in the monthly statement. LLIP is designed to fulfill the insurance requirement of the Lease Agreement

Missed Appointment / Trip Charges / Denied Access: Tenant may be charged a fee if they miss an appointment with a scheduled repair vendor causing the vendor to need to make another trip. Tenant will also be responsible for any trip charge fee charged by the vendor. This fee shall also apply if a vendor comes to repair an item at the property and is denied access.

Failure to Switch Utilities: Tenant is responsible for transferring utilities into name effective on Lease Commencement Date and out of their name at the end of the lease. If Tenant does not contact service providers and thus requires the action of the property manager, a processing fee of $50 per utility will be assessed for each billing cycle.

Lost key/Failure to Return Key: If you are locked and we have a key, you may borrow our key to open your door. The office key must be returned within 24 hrs. $25 will be charged for each key that is not returned. Failure to return keys at end of lease will be charged for re-keying the rental unit.

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