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

Non-refundable Tenant Processing Fee. The undersigned Owner understands and agrees that the Rent− al Agent under this contract may charge a non-refundable administration fee to the tenant under each lease. This fee represents the efforts of Rental Agent in processing the rental application of the tenant. The under− signed Owner understands that the Rental Agent is a Transactional Broker only, and therefore does not pro− xxxx the interests of one party over those of the other party to the transaction. The Owner understands that the commission to the Rental Agent in this agreement as well as the administration 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 understands understand and agrees that the Rent− al Agent broker under this contract (Rental Agent) may charge a non-refundable administration tenant-processing fee to the tenant under each lease. This fee represents the efforts of the Rental Agent in processing the rental application of the tenant. The under− signed undersigned Owner understands that the broker (Rental Agent is a Transactional Broker only, Agent) represents only the Owner in this rental transaction and therefore does not pro− xxxx the interests of one party over those of the other party to the transaction. The Owner understands that the commission to the Rental Agent in this agreement as well as the administration 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 understands and agrees that the Rent− Rent- al Agent under this contract may charge a non-refundable administration fee to the tenant under each lease. This fee represents the efforts of Rental Agent in processing the rental application of the tenant. The under− under- signed Owner understands that the Rental Agent is a Transactional Broker only, and therefore does not pro− pro- xxxx the interests of one party over those of the other party to the transaction. The Owner understands that the commission to the Rental Agent in this agreement as well as the administration fee represent compensation from both parties for the rental transaction. This fee will be deducted from the first payment made by the tenant.