What is Rendin's service fee and who pays?

  • Updated

Rendin monthly service fee is 4% of the monthly rent (minimum 25 PLN / month). In return, the landlord receives property protection that is 10 times the amount of the security deposit. For example, if the monthly rent is 2 000 PLN, the property protection amount is 20 000 PLN. Additionally, we compensate the landlord for the tenant's rent and utility debts up to three months.

When creating an agreement, you can choose whether the Rendin service fee is paid by the tenant, the landlord, or the fee will be equally split between the parties.

If the service fee is split

We recommend splitting the service fee between the parties to the agreement. Both the tenant and the landlord benefit from the Rendin service. The tenant can rent without paying a deposit. The landlord gets property protection and debt protection instead of the security deposit. Split service fee is a fair payment method for both parties.

If the tenant and the landlord share the service fee, each party pays 50% of Rendin's monthly fee.

If the landlord pays the service fee

Many landlords choose to pay the service fee themselves and add it to the rent payment. This makes it easier to explain the service and its benefits to tenants.

If the tenant pays the service fee

The tenant will pay the service fee directly to Rendin, which means less work for the landlord. If there are any problems with service fee payments, we will deal with them.