Common use of Non-refundable Tenant Processing Fee Clause in Contracts

Non-refundable Tenant Processing Fee. The undersigned Owner understands and agrees that Xxxxxx Realty, Inc. under this contract may charge a non-refundable tenant-processing fee to the tenant under each lease. This fee represents the efforts of Xxxxxx Realty, Inc. in processing the rental application of the tenant. The undersigned Owner understands that Xxxxxx Realty, Inc. represents only the Owner in this rental transaction and the commission to Xxxxxx Realty, Inc. in this agreement as well as the tenant-processing fee represent compensation from both parties for the rental transaction. This fee will be deducted from the first payment made by the tenant.

Non-refundable Tenant Processing Fee. The undersigned Owner owner understands and agrees that Long & Xxxxxx RealtyReal Estate, Inc. Inc., under this contract may charge a non-refundable tenant-tenant processing fee to the tenant under each lease. This fee represents the efforts of Long & Xxxxxx RealtyReal Estate, Inc. in processing the rental application of the tenant. The undersigned Owner owner understands that Long & Xxxxxx RealtyReal Estate, Inc. represents only the Owner is acting as a Transaction Agent in this rental transaction and the commission to Long & Xxxxxx RealtyReal Estate, Inc. in this agreement the agreement, as well as the tenant-tenant processing fee represent compensation from both parties for the rental transaction. This fee will be deducted from the first payment made by the tenant.