GENERAL INFORMATION: Administration Fees: commonly called Admin. Fees

What is an Admin. Fee anyway?

I get this question all the time. People know what a deposit is, a pet deposit, and an application fee but the practice of an Administrative Fee is somewhat newer. The fee was designed to add "non refundable" dollars to the complexes bottom line. I feel that the privacy requirements caused some of these fees.

But these administration fees or admin fees have created an "industry joke". The joke is "what's another name for Admin Fees?". The person usually responds "Administration Fee". Then you say "No - Profit".