Rental application fee limit? Yes, rental application fees for residential tenants are limited in Virginia. Virginia law sets a limit on how much tenant application fees can be.
Virginia law sets the application fee limit to $50 per applicant plus additional fees to cover actual expenses incurred by landlords for background checks, credit checks, and other checks pertinent to screening applications that may be performed.
Given the way the Virginia law is written, application fees may exceed $50 yet only to the extent that the additional amount covers actual expenses by the landlord, or by the landlord’s agent, for the various forms of checks on the applicants.
If you are told that your application fee is more than $50, inquire into the reason. There may be an acceptable reason, but you should inquire to ensure.
The below video presentation provides additional information about the rental application fee limit in Virginia. Additional information to help you with Virginia-based real estate transactions is provided in numerous blog posts at our Good Info To Know webpage: https://veteranrealty.us/good-info-to-know/
