FEE GUIDE FOR LAKERIDGE SQUARE
Welcome! We are pleased to have you as a current or prospective resident. To promote transparency and help you plan with confidence, we have outlined a list of potential fees you may encounter during your residency. This guide is designed to clearly identify both one-time and recurring charges so you can better understand your initial and monthly costs. To estimate your monthly fixed expenses, combine your base rent with applicable Essentials and any Personalized Add-Ons you choose. Our goal is to provide clarity, support informed budgeting, and enhance your overall rental experience with Drucker + Falk.
MOVE-IN BASICS
| Application Fee |
$50 |
per applicant/one-time |
required |
| Administrative Fee |
$200 |
per unit/one-time |
required |
| Security Deposit (*Up to 1 month's rent) |
Varies |
per unit/one-time |
required |
ESSENTIALS
| Renter’s Liability Insurance |
$15 |
per unit/per month |
required |
| Utility - Electric |
Usage- Based |
per unit/per month |
required |
| Utility - Water/Sewer |
Usage - Based |
per unit/per month |
required |
| Utility - Gas |
Usage - Based |
per unit/per month |
required |
| Utility Admin Fee |
$5.50 |
per unit/per month |
required |
PERSONALIZED ADD-ONS
| Pet Fee (Non-refundable) |
$300 |
per pet/one-time |
optional |
| Pet Fee (Non-refundable Second pet) |
$100 |
per pet/one-time |
optional |
| Pet Rent (2 Max) |
$35 |
per pet/per month |
optional |
| Pet Management - Third Party |
$25 - $30 |
per pet/once per year |
optional |
| Storage (Based on Unit Size) |
$25 - $75 |
per unit/per month |
optional |
SITUATIONAL FEES
| Late Fee |
10% of rent balance |
per occurrence |
| Returned Payment Fee (NSF) |
$50 |
per occurrence |
| Short Term Rent Premium (6-11 month) |
$150 |
per occurrence |
For a printable PDF of the fee guide, please CLICK HERE.
