In 1774, Lord Mansfield said "Possession is nine points of the law". Our practice handles disputes over a very important possession -- land, be it landlord/tenant, lease disputes or homeowner-contractor litigation. This blog will explore substantive issues as well as those nine points of law to which Lord Mansfield refers.
Showing posts with label credit check fees. Show all posts
Showing posts with label credit check fees. Show all posts
Thursday, June 14, 2012
Can a Landlord charge an Application Fee?
We had a full house for our seminar for residential landlords last night. One of the people attending asked me if she could charge an application fee. My instinct said no, but I promised her I'd look into it.
And so I did and I stand by my initial statement. A landlord cannot collect a fee for an application or a credit check. Section 15B of Chapter 186 provides that a landlord can only collect the first and last months' rent, a security deposit and a fee to change the lock. No other fees are permissible.
You cannot disguise the fee by calling it a credit fee or anything else. When you need to rent a unit, make sure you factor in the cost to find tenants as you set the rent.
Labels:
application fees,
credit check fees,
landlord,
tenant
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