Move-In Fee Issue : ezLandlordForms

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Jose G

started a topic almost 10 years ago

Hello, I mistakenly undercharged my tenant the move-in fee and need to come up with a diplomatic & legal way of collecting the difference ($150). In order to keep things as smooth as possible, can I suggest deducting the $150 from the security deposit? Any other ideas? Thanks in advance.

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Richard W

said almost 10 years ago

What is the move-in fee for. I am not sure that I have ever used one. I usually charge an application fee and then on move-in day / lease signing I require first month and security deposit. The application fee is only enough to cover the cost of a background check, at most $40. If this is an extra fee you may want to check with your local laws to see what you are/if you are allowed to charge such a fee. Now to move forward if you are charge this fee, just deduct it from the security but realize fee and deposits are different as security deposits are refundable.

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Jose G

said almost 10 years ago

My building charges a $350 move-in fee. I know, it's an exorbitant amount, but that's out of my control. I asked for $200 since that's how much I paid years ago (shame on me for not asking if it had increased). I need to collect this $150 difference and want to make sure I do it the right way. Sounds like letting them know and deducing it from the security deposit is the way to go? Thank you.