Move in fees

Click here for Top Ten Discussions. CLICK HERE for Q & A Homepage

MrLandlord Q & A

Move in fees (by Willis [IL]) Mar 21, 2012 4:05 PM

Move in fees (by Reid [KS]) Mar 21, 2012 4:41 PM

Move in fees (by Kyle [IN]) Mar 21, 2012 5:18 PM

Move in fees (by Alex [IL]) Mar 22, 2012 2:05 PM

Move in fees (by Willis [IL]) Mar 22, 2012 3:28 PM

Move in fees (by Wendy [NC]) Mar 22, 2012 5:20 PM

Move in fees (by Willis [IL]) Posted on: Mar 21, 2012 4:05 PM
Message:

State Specific Question About: ILLINOIS (IL)

I have been charging $125-150/person one time non refundable move in fees for several years now rather than collecting security deposits. I have a new 5BR unit with 5 individuals moving in where the total move in fee will be $750.

Does Cook County, the Chicago RLTO, or the State of IL have limits on total move in fee charges relating to one group of tenants for a unit? I thought I may have read somewhere if the move in fee(s) exceed $500 then it may no longer constitute a move in fee an infact be deemed a security deposit. Please let me know ... thanks, Willis. --205.178.xx.xxx

Move in fees (by Reid [KS]) Posted on: Mar 21, 2012 4:41 PM
Message:

Move in fees? That's an interesting idea Have you ever had to defend it in court ?? If so how did it go ??? --108.238.xxx.xx

Move in fees (by Kyle [IN]) Posted on: Mar 21, 2012 5:18 PM
Message:

I remember a news story in the last month or so about a new law that would end move in fees. Not sure where that was for.

I paid a move in fee once, but it was only $17.

I don't charge them for my units. --71.194.xxx.xxx

Move in fees (by Alex [IL]) Posted on: Mar 22, 2012 2:05 PM
Message:

That is a new one for me. Fee's for what? I am happy when they have a clear app, first month rent and full deposit. --24.245.xx.xx

Move in fees (by Willis [IL]) Posted on: Mar 22, 2012 3:28 PM
Message:

I can't go into specifics, but 90% of medium and large rental firms are not collecting security deposits and are charging one time move in fees ranging from $125-$200 per person in the city of Chicago. --205.178.xx.xxx

Move in fees (by Wendy [NC]) Posted on: Mar 22, 2012 5:20 PM
Message:

Why is that? --173.27.xxx.xxx

Reply:

Subject:	RE: Move in fees
Your Name:
Your State:

Message:

Move in fees

Would you like to be notified via email when somebody replies to this thread?
If so, you must include your valid email address here. Do not add your address more than once per thread/subject. By entering your email address here, you agree to receive notification from Mrlandlord.com every time anyone replies to "this" thread. You will receive response notifications for up to one week following the original post. Your email address will not be visible to readers. Email Address: