Lease Administration and Technology Fee FAQ
Qwest Property Management, LLC is a licensed Michigan Real Estate Broker acting as an agent/broker for property owners. Qwest Property Management, LLC does not own the properties that we manage. We offer residents access to our managed property portfolio and provide a fair, transparent, and easy renting experience. The Lease Administration and Technology Fee is based in part on the internal costs incurred by Qwest Property Management, LLC for the lease administration, including, without limitation, making the property rent-ready, document preparation (in a non-legal, administrative capacity), administration and supervision of the leasing and move-in process, providing information that will contribute to a successful leasing transaction, access to technology (including the secure online resident portal), as well as the ongoing day-to-day operational expenses incurred by Qwest Property Management, LLC. For this service, and in addition to the monthly rent charge, residents will pay a $29.00 per month Lease Administration and Technology Fee, and a one time $100.00 non-refundable Lease Closing Fee. These fees are uniformly applied to all residents, is not based on any individual qualification or screening criteria, and is not determined by or related to any applicant’s membership in a protected class or lawful source of income.
Frequently Asked Questions:
Q: Can I opt-out of the Lease Admin & Technology Fee?
A: No. All residents are required to pay the Lease Administration and Technology Fee and there is no option to opt-out.