Can You Charge A Pet Deposit For A Service Animal

For many people, pets are part of the family. In fact, 47% of renters in a contempo Zillow survey said it was very or extremely important for a rental to allow their pets.* Considering that a meaning number of renters are pet owners — 60% of single-family unit renters and 42% of multifamily renters, according to the aforementioned survey — y'all may decide to tap into that puddle of animal lovers when advertising your property .

Considering animals accept the potential to cause damage, however, it's too wise to plan ahead if you lot decide to let pets in your rental . Charging a pet fee, pet eolith or pet rent tin help mitigate your risk or cover the toll of pet mishaps, and information technology may also encourage greater responsibility on the function of your tenants while sharing a rental home with their pets.

What is the divergence between a pet deposit and pet fee?

The biggest divergence between these charges is refundability: A pet deposit is a 1-time, refundable corporeality that a tenant pays to cover the costs of impairment to the rental property caused by pets. A pet fee is also a one-time charge, just it'due south a non-refundable corporeality that a renter pays upfront for the privilege of having a pet in the rental.

Depending on the terms of your lease, pet damage may exist considered damage beyond normal habiliment and tear like urine stains on the rug, or chewed or scratched floors, walls or doors.

Are pet deposits pet hire?

Unlike a 1-fourth dimension pet deposit or fee, pet hire is a monthly amount paid in improver to the standard rent. Because pets may cause more than overall wear and tear on the dwelling, the extra income from pet rent tin can help cover costs such equally more frequent carpeting cleaning/replacement or painting needed at a rental property that allows pets.

While both pet rent and pet deposits may be used to pay for damage caused past pets, it'south of import to annotation that they are separate and handled differently in a rental agreement.

Should I charge a pet deposit?

Depending on where your rental is located, it may be common to ask for both a pet deposit and pet hire when renting to tenants with pets. Some landlords cull to charge a non-refundable pet fee instead of a pet deposit.

Go on in mind that neither service animals nor support animals are considered pets according to fair housing law, and yous cannot accuse upfront pet-related fees based on a tenant'due south use of a service fauna, even if you lot accept a no-pets policy.

How much should a landlord charge for pets?

Pet deposits and fees vary, but typically range from $200 to $500. Landlords may also charge a monthly rate of $25 to $100 for pet rent. Exist aware that some states or municipalities have laws that limit the amount you tin can charge.

In Seattle, for instance, landlords can charge up to 25% of one calendar month's rent for a pet deposit, in addition to the security deposit and other fees. For a $2,000 apartment in Seattle, that would translate into a maximum of $500 for the pet deposit.

When setting your pet deposit or pet rent, it'due south important that your overall rental toll remains reasonable and competitive with other rentals in your market. It's also a expert idea to include whatever pet fee information upfront, in your property listing details, so prospective tenants can make an informed choice when narrowing down their rental options.

Are pet deposits charged per pet?

Carve up pet deposits are generally not charged for each private pet — clearly, a deposit for every goldfish would not go over well with virtually renters. However, the total amount of your pet deposit, pet fee or pet rent may vary depending on the size, type and number of pets occupying the rental. For instance, you may exist justified in charging a larger deposit for ii Great Danes versus 3 caged parakeets.

What does a pet addendum include?

If you choose to allow pets in your rental, it'south a good idea to include a pet addendum in the lease, stating any specific rules, regulations or policies related to pets on the property. By signing a pet addendum, the landlord gives the tenant permission to live in the rental with a pet if they hold to exist responsible for the pet and any potential pet-related amercement.

Yous tin employ Zillow Rental Director to easily upload and sign your lease and pet annex online, or in select states, our charter builder tool allows you to create and customize your lease, including pet fee, pet deposit or pet hire corporeality.

To larn more about the do'south and don'ts of managing a successful pet-friendly rental, check out our complimentary eBook, Pets and Your Rental Property , or visit Zillow Rental Managing director .

 * Zillow Group Consumer Housing Trends Study 2020

Source: https://www.zillow.com/rental-manager/resources/pet-rent-and-pet-fees/

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