The Collector - Applying For A Rental Unit
We are moving on to the last part of our look at our role as The Collector! So far, we’ve discussed collecting and recording rent payments, as well as late fees and other fines that can be issued to tenants.
This week, we’re taking a look at collecting application fees submitted by prospective tenants.
Housing Hub charges a $45 application fee for anyone applying to one of our rental units. The fee covers the cost of conducting credit, rental history, and background checks on applicants, to ensure they meet the necessary rental requirements.
Stay tuned next week as we wrap up our role as The Collector!
In case you missed it: