 application fee (by Kristi Killian [NC]) Sep 16, 2008 6:22 AM
 application fee (by Bill [TX]) Sep 16, 2008 6:53 AM
application fee (by Brenda [TX]) Sep 16, 2008 6:56 AM
application fee (by John [NJ]) Sep 16, 2008 8:44 AM
application fee (by Kristi [NC]) Sep 16, 2008 9:07 AM
application fee (by Martin [MO]) Sep 16, 2008 10:24 AM
application fee (by Kristi [NC]) Sep 16, 2008 11:07 AM
application fee (by Jeanne [CA]) Sep 16, 2008 6:58 PM
application fee (by XX [XX]) Sep 16, 2008 7:40 PM
application fee (by mdj [MA]) Feb 17, 2009 6:30 AM
application fee (by Kristi Killian [NC]) Posted on: Sep 16, 2008 6:22 AM
Message:
State Specific Question About: NORTH CAROLINA (NC)
Can a landlord charge a one time non-refundable application fee for the sole purpose of checking a prospective tenants credit and background? --71.80.xxx.xxx |
application fee (by Bill [TX]) Posted on: Sep 16, 2008 6:53 AM
Message:
Is this a trick question?
The answer is yes. --198.208.xxx.xx |
application fee (by Brenda [TX]) Posted on: Sep 16, 2008 6:56 AM
Message:
What Bill said. --167.6.xxx.xx |
application fee (by John [NJ]) Posted on: Sep 16, 2008 8:44 AM
Message:
My crystal ball tells me this is a tenant-applicant asking this question, not a landlord.
John
New Jersey --192.4.xxx.xxx |
application fee (by Kristi [NC]) Posted on: Sep 16, 2008 9:07 AM
Message:
No smart butts its not a trick question and Im not a tenant. Im a new landlord trying to learn the rules, and was told that since I was not a management company I probley couldnt charge the fee. But thanks for the answers. Ill remember not to ask anything else from this site since you guys want to be a men about it. Thank you for your help. --71.80.xxx.xxx |
application fee (by Martin [MO]) Posted on: Sep 16, 2008 10:24 AM
Message:
Unless there is something very strange in NC, you can certainly charge an application fee. It's an odd question, since it is so commonplace to charge a fee. --68.92.xxx.xxx |
application fee (by Kristi [NC]) Posted on: Sep 16, 2008 11:07 AM
Message:
Thank you Martin. I wasnt sure if I could or not but certainly have the info that I need now. I knew that apartment complexs and management companies do it but I didnt know if I as just a landlord could do it. --71.80.xxx.xxx |
application fee (by Jeanne [CA]) Posted on: Sep 16, 2008 6:58 PM
Message:
Hi Karen;
As a tenant, I was always offended by LL who asked for a deposit so never applied for those places although I was a great tenant. My thinking was that it was a normal business expense to pull a credit report and they cost $10-15. A typical fee is $20 and that's not fair to make money on the applicants in my mind.
Now that I'm a LL, here's how I do it.
I only pull one credit report. I tell everyone that they must qualify and a clean credit report is one of the qualifications. They usually weed themselves out. Further, the tenant who seems to qualify in other ways, I collect a deposit from before I run a check. The deposit guarantees that they want it and will rent it should their credit report check out. If they don't want to provide a deposit, they are probably interested in another place or for whatever reason, not really interested in living in your place so now you move on to your second choice.
Read the LL book called "How to be a Scrupulous LL" available on this site. Best book I've ever seen on the subject and give this site another chance. It's really filled with some good advice. Remember that anybody can post so you'll get all kinds of thoughts, weed out the ones you can't use without judgement.....good practice in being a LL anyway. --69.107.xx.xxx |
application fee (by XX [XX]) Posted on: Sep 16, 2008 7:40 PM
Message:
Anyone who is asking this question has clearly not done their homework before becoming a landlord. Anyone asking this question AFTER becoming a landlord will fail in this business. --70.62.xxx.xxx |
application fee (by mdj [MA]) Posted on: Feb 17, 2009 6:30 AM
Message:
what jeanne said was useful.
The tough guy responses are a bit harsh. I was about to ask a similar question.
As a tenant for almost 20 years, I only had one credit check that I'm aware of, and it was because I took an duplex apartment listed by a broker, which was owner occupied by a 90 year old woman who had a somewhat nutty son who had attack trained rotties. Trust me, they were more than willing to waive the fee to get it off their back.
And in the rental market as it was, they chose to eat the application fee in order to get their commission on the unit, because I felt it was a business expense.
Most management companies, realtors, larger landlords, etc definately pull checks. Many of the smaller ones do not. I think they are out of their mind.
--68.163.xxx.xxx |
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