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Updated almost 5 years ago on . Most recent reply

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17
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2
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Andrew Korcek
2
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17
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Accepting application fee from someone out of town

Andrew Korcek
Posted

This is my first rental, and very first application. The person says they want to move here and won't have a problem transferring to a local branch for their job.

How do people accept application fees and deposits in these situations?

Thanks for your help!

Most Popular Reply

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5,116
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Kyle J.
  • Rental Property Investor
  • Northern, CA
5,171
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5,116
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Kyle J.
  • Rental Property Investor
  • Northern, CA
Replied

@Andrew Korcek You could accept Zelle or Venmo, but not PayPal. It’s very difficult for someone to reverse a charge with Zelle or PayPal, and very easy with PayPal.

Along that same line, you could accept a certified bank cashiers check or money order, but never a personal check for the application fee or initial move-in deposit or first month’s rent. It’s too easy for someone to stop payment on a personal check. 

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