Fee Guide
ALTIS GRAND LAKE WILLIS
For transparency, we’ve put together a list of fees you may pay as a resident. Some of these fees are required, and others are optional. In order to calculate the total monthly expense of renting your apartment home, take your unit’s “Base Rent” (i.e., the monthly cost of your apartment home without factoring in any additional fees), and add in any fixed costs, usage-based expenses, and optional extras. As you will see, some fees are “fixed,” meaning that the amount does not change, and others are subject to external factors making it difficult to predict exact monthly costs (e.g., utility usage; optional/situational fees). If you have any questions, please reach out to us directly – we would love to hear from you!
| Fee Label MOVE-IN BASICS | Amount | Applied | Frequency / Due At | |
|---|---|---|---|---|
| Admin Fee Administrative processing fee to cover lease preparation. |
$250.00 | Per Unit | One-Time/At Application | Required |
| Application Fee Fee to process rental application and background check |
$85.00 | Per Applicant | One-Time/At Application | Required |
| Security Deposit (Refundable) Refundable deposit covering potential damages and unpaid rent per lease terms. |
$500.00 - 2 Month’s | Per Unit | One-Time | Required |
| ESSENTIALS | ||||
| Internet Smart Package / Smart Bundle | $75.00 | Per unit | Monthly | Required |
| Package Management Fee | $25.00 | Per unit | Monthly | Required |
| Trash Services - Fee for doorstep trash pick up service. | $25.00 | Per unit | Monthly | Required |
| Utility - New Account Fee - One-time charge to activate new utility services. | $15.00 | Per unit | One-time | Required |
| Utility Water / Wastewater Admin FeeCovers administrative costs associated with billing and managing water utility services. | $8.50 | Per unit | Monthly | Required |
| Common Area Utilities Shared utility costs in community common areas. |
Usage-based | Per unit | Monthly | Required |
| Renter Liability - Third Party Expense related to required liability coverage through a third-party provider. |
Varies | Per lease holder | Monthly | Required |
| Utility - Electric Cost of electricity usage for your apartment. |
Usage-based | Per unit | Monthly | Required |
| Utility - Gas Cost of gas usage for your apartment. |
NA | Per unit | Monthly | Required |
| Utility - Water/ Sewer Water usage and wastewater removal costs. |
Usage-based | Per unit | Monthly | Required |
| Amenity / Clubhouse Rental Deposit (Refundable) Fee for reserving the community clubhouse for events or gatherings. |
0 | Per Occurrence | Monthly | Optional |
| Bike Storage Monthly fee for bicycle storage. |
0 | Per applicant | One-time | Optional |
| Parking – Garage Charge for access to a garage space. |
$150 | Per unit | One-time | Optional |
| Pet Fee Fee for allowing pets in the home. |
$350 | Per unit | Monthly | Optional |
| Pet Rent Monthly charge for keeping a pet in the home. |
$30.00 | Per unit | Monthly | Optional |
| Renter Liability - Third Party Expense related to required liability coverage through a third-party provider. |
$25.00 | Per unit | Monthly | Optional |
| Rent Payment Credit Building Service Build credit by paying rent on time while gaining access to personalized budgeting tools and financial education resources. |
NA | Per unit | Monthly | Optional |
| SITUATIONAL | ||||
| Access Device - Replacement Charge to replace lost or damaged key, fob, or remote. |
$100.00 | Per Occurrence | Per Occurrence | Situational |
| Concession Repayment Tenant repayment of rent discounts if lease terms are not met. |
Varies | Per Occurrence | Per Occurrence | Situational |
| Early Lease Termination/ Buyout Buyout for ending lease agreement before its scheduled end date. |
200% | Per Occurrence | Per Occurrence | Situational |
| Insufficient Move-Out Notice Fee Charge for not providing proper advance notice before move-out. |
100% | Per Occurrence | Per Occurrence | Situational |
| Intra-Community Transfer Fee Charge for transferring to another home within the same community. |
$1000.00 | Per Occurrence | Per Occurrence | Situational |
| Late Fee Penalty for rent or fee payments made after the due date. |
10% | Per Occurrence | Per Occurrence | Situational |
| Lease Violation Fee for non-compliance with lease terms or community policies. |
Varies | Per Occurrence | Per Occurrence | Situational |
| Legal/ Eviction Fee Costs associated with an eviction proceeding. |
Varies | Per Occurrence | Per Occurrence | Situational |
| Non-Sufficient Funds (NSF) Charge for returned payments due to non-sufficient funds. |
$75.00 | Per Occurrence | Per Occurrence | Situational |
| Parking EV Charging Fee for on-site electric vehicle charging access. |
Varies | Optional | Optional | Situational |
| Renter’s Liability Non-Compliance Fee for not maintaining required renter’s liability insurance coverage. |
$25.00 | Per Occurrence/ month | Per Occurrence | Situational |