In this video we'll be breaking down everything you need to know about rental application fees, including what they are, how much they can legally cost you, and how to avoid getting ripped off by landlords. Make sure to check out DoorLoop today: [ Ссылка ]
List of state application fee laws: [ Ссылка ]
When renters are scouting for apartments, they often fail to notice how expensive rental application fees can get.
Some of the charges that they have to worry about include the application fees, the screening fee, the security deposit, and other administrative fees.
These are a lot of fees. Thankfully for renters, there are some laws that dictate how much landlords charge. Rental application fees are any fees that are associated with applying for an apartment or rental unit. Usually, the screening process, including a credit report from the prospective tenant, costs money. To cover these costs, landlords turn to application fees to cover things like credit reports, background checks, and an eviction report. Learn more here: [ Ссылка ]
Chapters:
0:00 - Introduction and overview
0:28 - What are rental application fees?
1:19 - Hidden fees to look out for
1:33 - Rental application tips for landlords
1:48 - DO Tip #1: Do be transparent and upfront
2:34 - DO Tip #2: Do run tenant screening reports
3:00 - DO Tip #3: Do offer refundable application fees
3:27 - DON'T Tip #1: Don't use fees as a source of income
3:41 - DON'T Tip #2: Don't charge fees without first checking laws
3:59 - Rental application fee laws in the United States
5:47 - FAQ's
6:36 - That's a wrap! Like & Subscribe to DoorLoop.
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Disclaimer: This video was produced by DoorLoop and is the intellectual property of DoorLoop. The creator featured in this video is an employee of DoorLoop. All information presented in this video is subject to change and may have changed since the time of filming. These videos are for educational and entertainment purposes and are not offering legal advice. Opinions expressed in our videos do not reflect DoorLoop's stance as a company.
Category: Leasing
