Lease dictionary
Application fee
A non-deposit charge paid when you apply to rent, normally to cover credit and background screening.
Unlike a security deposit, an application fee is usually not refundable once screening is done. Some states and cities cap the amount or require the landlord to refund it if they didn't screen you.
Ask how much it is per applicant, what it covers, and whether you receive a copy of the report. Beware of fees requested before you've seen the unit.
Watch out
A fee paid for a listing that doesn't exist is a classic scam, so verify the property and the person before paying.
See it in action
The Rental scam detector puts this term to work for you.