Search Homes Find an Agent Find an Office Blog It
Prudential Nichols
< Go Back

Rental Application Fees
Answers for Renters

When you apply to rent a place to live, you probably will be asked to pay an application fee.  By law, the maximum fee that can be charged is about $34 per adult over the age of 18.  This amount is based upon a state law that limits the fee to $30 plus annual adjustments of the Consumer Price Index (CPI) since 1998.
         
The amount of the application fee charged by rental owners and property management companies varies.  The typical fee is $30, but many owners and managers charge less or nothing at all.
         
The purpose of the fee is to cover the cost of obtaining and reviewing information regarding your credit history, employment, previous rental experience and other data relevant to assessing your ability to meet the particular renter criteria for the property you wish to rent.
         
If your application to rent is denied based upon your credit history, the rental owner or manager is required by law to provide such notice in writing, including specific information regarding your rights regarding the accuracy of the credit data.  If you encounter rental owners or managers who are unfamiliar with this requirement, refer them to the local rental housing association or an experienced landlord-tenant attorney.

 
 
home client
survey
contact us
Search Homes
Find a Realtor
 

Click here to
view online

Subscribe
 

© All rights reserved. Prudential Nichols Real Estate. 2008. Privacy policy | Terms of use

Prudential Nichols

Rock Solid in Real Estate   -  Prudential Nichols Real Estate
Ph: (251) 626-2030  -  Fax: (251) 626-2351
6351 Monroe St
Daphne, AL 36526
www.prudentialnichols.com

 

Become A Realtor |  What Our Clients Say |  Client Survey |  Riddle Answer |  HOME |  Search Homes |  Search Rentals |  Showcase Listings |  Open Houses |  About Prudential Nichols Real Estate |  OUR OFFICES |  OUR AGENTS |  OUR PROJECTS |  COMMUNITY INVOLVEMENT |  Contact Us |  Full Service Property Management  |  Rental List |  Maintenance Request |  Online Rent Payment |  Buy With Confidence |  Consider It Sold |  Tools You Can Use |  Calculators |  Local Schools |  Living in Baldwin County, AL |  Articles |  F.A.Qs |  Mortgage Glossary |  Link Directory |  Real Estate News |  Moving Center |  RSS Feeds |  Real Estate Glossary |  F.A.Q's for Rentals |  Local Weather |  Home Value Request |  Sell Your House |  VIP Home Request |  Relocation |  Rental Home Finder |  Pre-Qualify Now |  Instant Home Value | 

LinkUAgent - Link Partner

LinkUAgent Partner



Powered by LinkUSystems: LinkURealty - Real Estate Web Design & Websites