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Old 09-29-2010, 11:03 AM
 
Location: N. NJ, CA, ID, St. Simons Island, GA
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What would a "rental processing fee" go towards? This is due with the security deposit after you sign the lease. Its a $50 fee. Keep in mind, this is in addition to the credit check fee.
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Old 09-29-2010, 11:09 AM
 
22,769 posts, read 28,560,277 times
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Quote:
Originally Posted by 1200RT View Post
What would a "rental processing fee" go towards?
the net revenue of the firm you gave the fee too.
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Old 09-29-2010, 02:32 PM
 
Location: Up in the air
19,109 posts, read 28,774,413 times
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Quote:
Originally Posted by le roi View Post
the net revenue of the firm you gave the fee too.
Basically.

It sounds like they're charging $50 to press CTRL+P and print out a rental agreement, and then file it when it's signed.
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Old 09-29-2010, 02:33 PM
 
Location: N. NJ, CA, ID, St. Simons Island, GA
3,689 posts, read 9,592,274 times
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Quote:
Originally Posted by JetJockey View Post
It sounds like they're charging $50 to press CTRL+P and print out a rental agreement, and then file it when it's signed.
LOL!

I have a feeling you're right. Looks like I'll be "asking" them to waive (or at least explain - in detail) this fee.
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Old 09-29-2010, 03:48 PM
 
1,465 posts, read 4,869,430 times
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Quote:
Originally Posted by 1200RT View Post
LOL!

I have a feeling you're right. Looks like I'll be "asking" them to waive (or at least explain - in detail) this fee.
If this is in California:

That "processing fee" is actually part of the security deposit.

Quote:
The law allows the landlord to require a tenant to pay an application screening fee, in addition to the security deposit. The application screening fee is not part of the security deposit. However, any other fee charged by the landlord at the beginning of the tenancy to cover the landlord's cost of processing a new tenant is part of the security deposit. Here are examples of the two kinds of fees:

Application screening fee - A landlord might charge you an application screening fee to cover the cost of obtaining information about you, such as checking your personal references and obtaining your credit report (see Application Screening Fee). The application screening fee is not part of the security deposit. Therefore, it is not refundable as part of the security deposit.

New tenant processing fee - A landlord might charge you a fee to reimburse the landlord for the costs of processing you as a new tenant. For example, at the beginning of the tenancy, the landlord might charge you for providing application forms, listing the unit for rent, interviewing and screening you, and similar purposes. These kinds of fees are part of the security deposit Therefore, these fees are refundable as part of the security deposit, unless the landlord properly uses the deposit for a lawful purpose, as described below and under Refunds of Security Deposits.
Full text California Tenants - California Department of Consumer Affairs
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Old 09-29-2010, 04:12 PM
 
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sorry if i gave the impression that i was an authoritative source; i am not sure where the money goes. downtown ventura is right, check your state laws thoroughly about what is allowed.
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Old 09-29-2010, 04:14 PM
 
Location: N. NJ, CA, ID, St. Simons Island, GA
3,689 posts, read 9,592,274 times
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Quote:
Originally Posted by le roi View Post
sorry if i gave the impression that i was an authoritative source; i am not sure where the money goes. downtown ventura is right, check your state laws thoroughly about what is allowed.
not at all. i think you're response was 100% accurate. They can call it whatever they want, but its just another way to make $$$.
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Old 09-29-2010, 05:41 PM
 
26,987 posts, read 43,279,294 times
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I have no clue...sounds to me like a scam, like most fees nowadays.

We don't charge it so I suggest you move on and find a different rental... if every one does the same the fee will dissappear.
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Old 10-01-2010, 02:57 PM
 
Location: San Jose, CA
7,688 posts, read 27,442,308 times
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They may do a background or criminal check at their expense. I know I would.
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Old 10-01-2010, 03:18 PM
 
Location: N. NJ, CA, ID, St. Simons Island, GA
3,689 posts, read 9,592,274 times
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Quote:
Originally Posted by sonarrat View Post
They may do a background or criminal check at their expense. I know I would.
background and criminal checks come out of the $20 fee.

This $50 is assessed AFTER the lease is signed - presumably after a background check would have been done.
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