[RPPTL LandTen] Convenience fees and charges

[Harry Heist]

Many property managers are now using ACH and credit card payments for rent. The vendors they use to process this often charge a fee plus of course the recipient of the funds have to pay the 2-5% to the credit card companies.

 

I am constantly getting questions on whether this cost can be passed on to the tenant by charging a higher amount or charging the tenant a convenience fee.

 

The statute at issue is FS 501.0117

 

Brian Wolk has stated that this is in the Federal Courts.

 

Does anyone have any guidance?

 

Harry

 

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