Pets are a topic that can pose a challenge when choosing whether to allow them in your rental properties. Several factors are to be considered. Even after you make your decision, there will always be conditions and variables to think about and policies to make. With so many options available, you may be wondering whether you should allow pets when renting out your property.
The biggest consideration for most landlords, however, is whether your property will be able to accommodate pets and how they will impact the health of your property. This guide will cover the basics of how and when it makes sense to allow pets in a rental property.
How To Place Tenants with Pets In-Check
Draft A Pet Policy: You’ll need to set a clause for renting with pets. In addition to keeping your tenants more responsible about their pets and their own behaviour, these policies will also provide you with grounds to evict them should they prove irresponsible.
A pet clause is a document that provides you with guidelines concerning the behaviour of tenants who bring their pets into your rental. This will serve as a reminder to them of the rules of the property and may also remind you of your own pet rules.
Charge a security deposit for tenants who intend to have pets in their apartment: A security deposit is usually an amount of money given back to a tenant on the expiration of the tenure when no damage has been caused to the property.
To charge a security deposit for pets, you need to read the security deposit law of your state, region or country to determine whether what should be charged. Most security deposit laws allow tenants to claim a refund of security deposits for pets. It is also possible for a landlord to keep the security deposit for any damage caused by pets.
Request a Suitable Referee: Tenants who intend to have pets in their apartment should be required to provide the contact of a referee from a previous landlord or real estate agent to act as a reference in the event of a complaint.
While some landlords choose not to allow pets in their rental properties, many landlords choose to do otherwise. Pets can be a good thing for many reasons. If you’re already thinking about allowing pets on your property, this is the right time to read about the most important factors to consider and how they can affect your decision.