In Massachusetts am I allowd to charge an application fee to cover the cost of conducting a credit and background check? If so can I charge for each person on the lease that I will be checking?
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Editor's Response
I wouldn't charge an application fee. Massachusetts General Laws Chapter 186, Section 15B(1)(b) states:
(b) At or prior to the commencement of any tenancy, no lessor may require a tenant or prospective tenant to pay any amount in excess of the following:
(i) rent for the first full month of occupancy; and,
(ii) rent for the last full month of occupancy calculated at the same rate as the first month; and,
(iii) a security deposit equal to the first month’s rent provided that such security deposit is deposited as required by subsection (3) and that the tenant is given the statement of condition as required by subsection (2); and,
(iv) the purchase and installation cost for a key and lock.
For more information or to post a question, visit our MA Landlord Law Discussion Forum.