Thursday, 1 December 2016

When Landlords Charge Rental Fees

Rental property comes with a long list of regulations and codes. Those rules include details of both when and for what Arlington property managers can charge fees. Specialized RPM can help property owners better understand rental fees, make collecting fees hassle-free, and make sure mistakes aren’t made in the process. As is the case with all property managers, Arlington property managers must ensure they manage the legal bounds that govern this industry.  Here are a few areas that landlords can legally charge fees.

Security Deposits
Usually a onetime fee of a standard amount paid at the start of a rental contract. Its purpose is primarily to cover repairs at the end of the rental contract. Although some states govern a maximum for this fee, Texas laws allow Arlington property managers to determine this charge without a statewide maximum. An owner is required to keep a written record of damages and repairs that are covered by the deposit.

Pets
A landlord can charge a general fee to allow a pet on the property. A deposit may also be requested to cover pet-specific repairs and cleaning at the end of the rental contract. And, some Arlington property managers charge regular fees for a pet, often referred to as “pet rent.” Fees, however, are not legal for service animals. These animals are protected by law and not classified as pets.

Other Fees from Property Management
Arlington managers can charge fees for late and returned rent payments. A landlord can attempt to recover costs incurred during litigation, including attorney and court fees.


Arlington property managers can rely on the expertise of Specialized RPM to navigate the legal regulations governing fees. Enlisting the partnership of these managers and their more than thirty years of experience can give you the peace of mind knowing that your property finances are managed professionally, with integrity, and in accordance with all the laws and regulations governing property management. Learn more about the services and expertise of Specialized at http://www.specializedrpm.com/

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