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Updated about 8 years ago on . Most recent reply

User Stats

305
Posts
149
Votes
Mike Nelson
  • Investor
  • Oak Park, IL
149
Votes |
305
Posts

Move-in fees when some tenants of group are new

Mike Nelson
  • Investor
  • Oak Park, IL
Posted

In Chicago some of us are charging a move-in fee rather than charge a security deposit.  A year ago, three people leased a three bedroom apartment, and a $350 fee was charged.  Now that it is time for a renewal, one or two of the group may be replaced with new members, provided they qualify.  Should the new tenants be charged a move-in fee?

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