Description

#1326RPM Fee-Based Property Management Contracts

Property managers and landlords are increasingly using fees to generate additional revenue, recover operating costs, and improve profitability. However, poorly structured or inconsistently applied fees can lead to tenant disputes, owner disagreements, fair housing concerns, and enforcement problems.

This course examines more than 20 common fees charged by property managers and landlords. Participants will learn the purpose of each fee, who should pay it, how it may affect revenue, and the potential risks associated with its use. The course will also explain how fees should be clearly structured and disclosed in the property management agreement and lease.

Topics include owner-paid management fees, tenant-paid administrative and service fees, renewal fees, maintenance coordination fees, lease violation charges, payment processing fees, and other revenue-producing opportunities. The course emphasizes clear contract language, consistent enforcement, proper disclosure, and practical strategies for implementing fees in a professional property management operation.