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The reletting fee (not a "relenting fee") is a sum you pay to the landlord to cover the expenses incurred in reletting your apartment in the event you break your lease and move out before the end of the lease term. It should be reasonably related to the actual expenses incurred by your landlord in finding a replacement tenant (e.g, advertising costs, overhead, apartment personnel, etc.). The Texas Apartment Association ("TAA") seems to have chosen 85% of the monthly rental rent as the magic number. Regardless of whether this seems fair, it hasn't really been challenged in Texas courts.
Contrary to what some of the previous wikianswers to this question stated, the reletting fee is, by law, not a penalty. If you break a lease in Texas, landlords have a statutory duty to mitigate damages. This duty cannot be waived by contract, even if you agree to do so. Thus, charging a penalty is against the law. However, charging a fee to cover expenses in finding a replacement tenant is not. Keep in mind this is different than a liquidated damages agreement, whereby your landlord agrees to release you from your lease for a set fee. This is not considered a re-letting fee. Rather, it's an amount you've agreed is what your landlord is entitled to as damages for letting you out of your lease.
What else can I help you with?
What are adminstration fees for apartments?
adminstration fees are normally an application fee. This fee is needed to cover the cost of the credit/criminal check. student housing apartments usually also have a service or reservation fee that is required in order to reserve/hold your apartment. This is normally a nonrefundable fee. -Assistant Apartment Manager
Who pays apartment rental fee?
Usually the landlord, but there's no law about it.
What is an apartment refurbishing fee And why is it 75 of one months rent?
Usually when an apartment is refurbished that means it is either getting new furniture or being fixed.
Where can one get apartment mailing lists?
There are a number of companies and brokers who provide apartment mailing lists for marketing purposes, for a fee. Dietrich Direct and DataMasters are two examples of companies which will provide apartment mailing lists on request.
Where can you find no fee apartments in Manhattan?
I found that the BEST site to find no fee apartments in NYC is urbanedgeny.com. UrbanEdge always provides great information and has tons of no-fee listings that you can access for free. Check it out!
Doesan apartment finder charge a fee?
Most apartment finders charge there fee to the aprment owner not to the renter.
Do apartment rental agencies charge a fee?
Apartment rental agencies do charge a fee. That is how they would make their money. People contact them when they need and apartment and the agency will connect them in apartments avaiable in the area.
What is the standard charge as a finders fee for an apartment?
20,000.00
What is the average cost of a month to month fee apartment in this area?
The average cost of a month-to-month fee apartment in this area is around 1,500 to 2,000 per month.
Can an apartment complex charge you an extra fee a month later?
no
What are adminstration fees for apartments?
adminstration fees are normally an application fee. This fee is needed to cover the cost of the credit/criminal check. student housing apartments usually also have a service or reservation fee that is required in order to reserve/hold your apartment. This is normally a nonrefundable fee. -Assistant Apartment Manager
What is the monthly fee for a month-to-month apartment rental?
The monthly fee for a month-to-month apartment rental varies depending on the location, size, and amenities of the apartment. Typically, month-to-month rentals may be slightly more expensive than long-term leases.
How can you use relenting in a sentence?
Here is a sentence that has relent in itHis father was so angry that there was no way to relent his mood.
Who pays apartment rental fee?
Usually the landlord, but there's no law about it.
Do apartments have a flat fee or a predetermined time frame?
it depends on the apartment you are renting
What pet can you get in your apartment?
Check with the apartment management. Many do not allow pets or limit pets. Usually, there is also a cost with an additional pet fee.
Is there such an occupation as an apartment finder ?
There are Apartment Referral services or people can hire a broker to find apartments for them. To be an apartment finder yourself you would need to have your own business, etc. It is a growing resource that savvy hunters, especially those who are comfortable searching on the Internet, should not neglect. For a monthly fee these services will provide a list of no-fee apartment rentals as they become available.
