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Tenant Screening/Advertising
Application Fee
C
Charles W
started a topic
almost 11 years ago
This is my first rental and I'm fumbling through the process of getting my first tenant... I have a husband and wife with no kids who would like to apply, should I carge the $30 app fee for each of them? Is that unreasonable to ask of them, or even necessary?
8 Comments
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l
Liza R
said
almost 11 years ago
How can you request application fee from each member? Recently, I found a new rental apartment through Hunter Rentals & Property Management. We are also husband & wife and they did not ask application fee from our each member. I just paid it once.
R
Robert W
said
almost 11 years ago
This also is my first time renting and I decided to go through EZlandlord for credit and background checks. They charge $25 per person so I made the application fee a flat $50 assuming there will be two adults. If not I made $25.
D
Douglas B
said
about 9 years ago
Yes you can charge an application fee. In Georgia there are no regulations to the amount you charge. Just be reasonable. Most people charge just the cost to process the application (run background checks, faxing, copying, admin work, etc.) as the application fee.
D
David G
said
about 9 years ago
Thank you, Douglas B, I appreciate your response. -David Gottschalk
P
Patty H
said
almost 9 years ago
Yes, this is law that you return the application fee that you charge, it is also important that you only charge the amount it costs to screen the tenant credit and criminal report. In Wisconsin you must not charge $20.
M
Monica &
said
almost 9 years ago
Thank you but I'm unclear about the last part of your answer.......So in Wisconsin can we charge $20.00 or no more than $20.00?
J
John P
said
almost 9 years ago
Let's clarify. You don't have to return the fee to do a credit/background check, but it cannot be more than $20 in WI. You DO have to return "earnest money" which the tenant may have put down to hold the property.
J
John P
said
almost 9 years ago
The credit check fee cannot be more than your actual cost, or $20, whichever is less.
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