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

Non-refundable Tenant Processing Fee. The undersigned Owner understands and agrees that ▇▇▇▇▇▇ 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 ▇▇▇▇▇▇ Realty, Inc. in processing the rental application of the tenant. The undersigned Owner understands that ▇▇▇▇▇▇ Realty, Inc. represents only the Owner in this rental transaction and the commission to ▇▇▇▇▇▇ 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 & ▇▇▇▇▇▇ 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 & ▇▇▇▇▇▇ RealtyReal Estate, Inc. in processing the rental application of the tenant. The undersigned Owner owner understands that Long & ▇▇▇▇▇▇ RealtyReal Estate, Inc. represents only the Owner is acting as a Transaction Agent in this rental transaction and the commission to Long & ▇▇▇▇▇▇ 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.