Maintenance Chargebacks indicate that you have been reimbursed for Resident-caused damage.
In certain instances, monies owed for maintenance or repair calls that are deemed to be resident-caused damage may be initially taken out of your rental income so as to ensure 3rd party service professionals are paid in a timely manner and continue to provide high quality services.
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Residents are 100% responsible for resident-caused damage.
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Upon collecting these additional fees from residents, you will see a maintenance chargeback in your Income on your monthly statements, indicating that you were reimbursed for the initial maintenance charges taken from your rental income.
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