Tenants will pay a $525 Lease Risk Mitigation Fee at Move-In. This fee is a requirement of Touchpoint's leasing agreement and serves a different purpose than a security deposit. Unlike a security deposit, which is typically refundable and reserved for potential damages to the property, the Lease Risk Mitigation Fee is non-refundable and is intended to offset the risks associated with leasing to a new tenant.

Reasons for Implementing Lease Risk Mitigation Fees:

  1. Risk Assessment:
  2. Credit and Rental History Evaluation:
  3. Non-Refundable Nature:
  4. Tenant Commitment: