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Real Estate Glossary

Application fee

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Richard Wilson
Written by Richard Wilson

This is what you pay upfront upon giving your application. For property appraisal and credit reports, charges are usually included in the application fee. Real estate companies, on the other hand, charge application fees to rental applicants to cover the cost of credit reports and background checks.

This is what you pay upfront upon giving your application. For property appraisal and credit reports, charges are usually included in the application fee. Real estate companies, on the other hand, charge application fees to rental applicants to cover the cost of credit reports and background checks.

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Richard Wilson

Richard Wilson

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