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Bed Conversion Charge

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Question
I see a "Bed Conversion Charge" on my account ledger online. What is this?

Answer

This is a term used by our accounting software to indicate that you are renting both “bed spaces” in your bedroom: every apartment has the potential to have two residents per bedroom – this charge indicates that we’ve “converted” it to house just one resident. It’s not an additonal fee on top of your rent, it’s part of your rent.

Simply add your “rent” and “bed conversion” charge together, and it will match the monthly installment amount in your lease.


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Article Details
Views: 1223 Created on: Aug 20, 2015
Date updated: Aug 20, 2015

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