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Rose Associates (The Visionaire Mgmt. Company) charges $500 for move in and $500 to move out (Non-refundable) including an additional $500 deposit on both ends (refundable) for move in/out damages. This is not baked in to your lease but Rose Associate says its condo policy...Yikes. Don't forget to include this into your Annual rent. This is on top of a $3,000,000-6,000,000 insurance policy (depending on unit) that you will have take to insure property against damages during the lease term.
Yea thats bullshit nickel and diming they do.
Usually if you get insured movers, they should not charge this fee. And if they do it should be refundable. Try calling the management company and speaking with someone higher up on the food chain. They can usually help.
My building in Park West Village does exactly the same thing. Annoying.
So move into a rental building rather than a condo or co-op.
2% flip taxes can be heartwarming too
Is this in your lease/rider? At what point do they disclose this to you?
When we moved into PWV 11 years ago, the move-in fee was about half what it is now. It's crept up over the years. Theoretically, we should be bound by our original lease, but I suspect that enforcing that would require litigation. And the building would prevent us from moving out if we didn't pay the current fee.
why would a specific condo policy need to be in the lease? Does the landlord need to update your lease every time the condo board changes a rule?
No, gcondo, but a doubling of the move-out fee seems unreasonable.
>Rose Associates (The Visionaire Mgmt. Company) charges $500 for move in and $500 to move out (Non-refundable)
To be clear, Rose doesn't charge it, the condo charges it and it is for the benefit of the condo and the collective owners.
>No, gcondo, but a doubling of the move-out fee seems unreasonable.
Perhaps. You probably don't have much of a "case" but you might approach your unit owner that you are willing to cover the amount of the move-out fee that was in place when you signed the lease / moved in, and any increase be covered by the owner.
OK, is it written into a rental lease that the move charges fall onto the tenant?
Unless I am reading this wrong, the shareholders who are renting out their units are being charged for this and are attemptiong to pass in onto thier tenants....
>OK, is it written into a rental lease that the move charges fall onto the tenant?
The lease may say something to the effect of the tenant is responsible for complying with the condo's policies.
>Unless I am reading this wrong, the shareholders who are renting out their units are being charged for this and are attemptiong to pass in onto thier tenants....
No, the charge is to the party moving.
It is a way to collect more fees. If the movers have insurance, there should not be move-in out fees. It is an income to corporation and the management. Some fees go to the management some fees go to the co-op or condo corporation.
Shareholders have to have their own insurance and pay fees for the renting their apartments 5%-25% of the yearly rent as well. Everyone suffers unless you have unlimited cash.