Fee Guide

Vela Fee Guide

To make things simple and clear, we've put together a list of fees you might encounter as a current or future resident. This way, you can easily see what your initial and monthly costs might be. To help budget your monthly fixed costs, your all-in rent includes base rent and all Required Fees plus any Optional Fees you will be selecting. Our goal is to help you plan your budget with ease, enhancing your rental home experience.

Required Fees

Transaction Description Frequency Charge Type Amount
Application Fee
One - Time Application $50.00
Move out Service Fee
Per Occurrence Move Out $15.00
Security Deposit
One - Time Holding $500.00

Utility Responsibility and Related Fees

Transaction Description Frequency Charge Type Amount
Amenity Fee (1 Bdr)
Annually Amenity $550.00
Common Area Gas
Monthly Utilities Other Allocated by Occupancy
Account Activation Fee
One - Time Utilities Admin $15.00
Electricity
Monthly Electricity Directly metered
Amenity Fee (2 Bdr)
Annually Amenity $750.00
Conservice Admin Fee
Monthly Utilities Admin $4.00
Trash
Monthly Trash Allocated Per Unit
Water
Monthly Water Based on Allocation (Submetered)
Water Setup Fee
One - Time Utilities Admin $16.95
Water Final Bill Fee
One - Time Utilities Admin $16.95
Water Admin Fee
Monthly Utilities Admin $8.00

Optional Fees

Transaction Description Frequency Charge Type Amount
Non-Refundable Pet Fee
One - Time Pets Other $500.00
Pet Rent
Monthly Pet Rent Other $65.00
Parking - Garage-Unreserved
Monthly Parking Other $325.00
Renter's Insurance Charges
Monthly Renters Insurance $15.00
Storage
Monthly Storage Unit $75.00

Administrative and Lease Violation Fees

Transaction Description Frequency Charge Type Amount
Early Term Fee
Per Occurrence Penalties Other 200% of Rent
Key Replacement - Mailbox Key
Per Occurrence Access Device Replacement $35.00
Lock Out Fees
Per Occurrence Lock Change $50.00
Key Replacement - Sticker
Per Occurrence Access Device Replacement $100.00
NSF Check Fee
Per Occurrence Insufficient Funds $50.00
Late Fee
Per Occurrence Late Payment 5% Monthly-Rent
Utilities not transferred - Electricity
Per Occurrence Utilities Other Based on Usage
Utilities not transferred - Admin Fee
Per Occurrence Utilities Admin $50.00

This schedule of Fees may not include all fees and expenses you may incur during your residency. It does not include charges you may bear responsibility for in the event of a breach of your Lease. Such charges might include but are not limited to late fees, charges for violations of community rules, damage charges, reasonable attorney fees and other costs incurrent in the event of a breach of your Lease. If you have received a concession, please note that a breach of your Lease may require you to pay back the value of the concession. This Schedule of Fees is subject to change from time-to-time, as permitted under the Lease and applicable law. You can review the definitions of fees here.