Move-in Fees, Costs and Requirements for Property Rentals
Here is basic information for you to keep in mind as you consider renting an apartment home or other property through us:
- 1. Our Role: The Rental Broker assists the property owner in marketing a property, obtaining and reviewing rental applications and preparing leases and related documents; however, the property owner is the decision-maker.
- 2. Availability: We attempt to keep our advertisements up to date, but property descriptions, rents, move-in requirements, and other details are subject to change without notice; apartments we advertise may no longer be available.
- 3. Screening process: Property Owners look for tenants who demonstrate a desire and ability to pay the rent, conform with terms of the lease and respect their neighbors’ property and right to quiet enjoyment of their own homes. To assist them in that process, we will require your permission to run a credit report, call your current and past property owners for references and review other documentation, including your government-issued photo ID, pay stubs and/or bank statements. Please be prepared to provide this information if you decide to apply. If you have a Section 8 voucher, please bring along the Request for Tenancy Approval form and contact information for the issuing agency.
- 4. Application: Here is a link to our online application There is a $30.00 application credit report fee payable when you apply.
- 5. Broker Fees: Be sure to ask whether we will charge you a Broker fee if you rent the apartment. Typically, we charge a Broker Fee of ½ of one month’s rent, payable when you apply and 100% refundable until the property owner accepts your application. If a Broker Fee is payable, we will ask you to review and sign a Broker Fee Disclosure Form when we meet you at the property.
- 6. Move-in costs: Most property owners require first and last months’ rent (or first and security) and pro-rated rent for early move-in. Some require first, last and security.
- 7. Lease and Related Documents: The lease is a legally binding document that governs the terms or your tenancy. Please read it carefully before signing.
- 8. Breaking your lease: Be sure you understand what you will need to pay if you terminate the lease early.
Thank you for your interest. We look forward to helping you.