Can't fix stupid
Mar 29, 2023So, uh...
Someone was mad at a Legal Plan Member.
The problem?
They were charging a non-refundable rental application fee.
And the *wannabe* Tenant SAID it was illegal.
So our member wanted to know:
Is this dude off his rocker?!?
Yep, he's wrong.
Non-refundable application fees are legal in the Land of Lincoln.
In fact, smart Landlords use them all the time.
It weeds out the tire-kickers.
And helps you find serious Tenants.
Here's the trick:
You can't charge whatever the heck you want.
The fee must be "reasonable" (whatever that means).
Our best guess:
Cover the cost of back ground checks, credit checks, and maybe a few bucks for your hassle.
Any more than that and you're asking to get sued.
By Landlord Legal
Whoop whoop - that's issue #61 of The Brief.
We hear all kinda crazy stuff that Tenants want to be think are illegal. If you're ever not sure, phone a friend.