TOPIC: Pet Deposits, Pet Fees, and Pet Rent: Appropriate or Inappropriate?

Pet Deposits, Pet Fees, and Pet Rent: Appropriate or Inappropriate? 2 months 1 week ago #14301

Andy, I'm curious as to why you'd like to do this. Does it cost you more to manage the property if a tenant has a small pet, or a pet that is 50 lbs? I expect tenants would want some justification for the fees and the fee difference.

I agree with William above that pet deposits (true, refundable deposits) protect the property but fees seem unnecessary. Unless they cover a true increased cost for the property, such as an insurance increase.

Pet Deposits, Pet Fees, and Pet Rent: Appropriate or Inappropriate? 2 months 4 days ago #14318

That's a great question! I've never heard this one before. I wish I knew the answer.

Our community does not have different deposits for different sizes of animals, but we do have a weight limit and breed restrictions. I do know of some communities that charge different deposits for dogs vs cats.

I attend our local landlord forum every month, next month I will ask them about this.
  • Rose M
  • Rose M's Avatar
  • Posts: 456
  • Thank you received: 23
  • Karma: 18

Pet Deposits, Pet Fees, and Pet Rent: Appropriate or Inappropriate? 1 month 4 days ago #14401

I live in Texas, and in my apartment complex, the manager sent a letter to everyone that they will charge a $500 pet deposit fee and pet rent for $100 per moth. The thing is that my neighborhood is not so great, and i know of way better neighborhoods were the pet deposit is $300 and $10 per month. Is that legal, or is there a way to get around it. Thank you
  • ftorres
  • ftorres's Avatar

Multifamily Discussions

More Topics »