A pet deposit is a fee that an owner pays to a landlord as part of the security deposit. The purpose of the fee is to cover any damage caused by pets. For example, if your dog scratches up a sofa or tears up a carpet, you may have to replace those items and your pet could be held accountable for it. A pet deposit can sometimes help avoid these situations from happening since they are not usually allowed in apartment complexes with no-pet policies. It’s important to know what kind of fees are expected when renting out apartments so you don’t get surprised down the line!
Policies That may Benefit your Situation
Most landlords charge “pet deposits” in order to cover any damage their properties might incur due to the tenant’s furry little friends. The exact amount of money charged varies from one landlord to another but it can be anywhere between $250 and $500. But do keep in mind that most landlords view pets as an extra risk factor when screening applicants so they often charge higher rates to their rental rates or simply don’t allow animals at all.
It is also important to note that most property management companies have different rules on what kind of animals are accepted for housing, how many animals are allowed per apartment and what size they can be. When you are making your searching for pet-friendly places, make sure to ask about breed restrictions and if there is an additional deposit required.
If for some reason you find a place that allows all kinds of pets but doesn’t charge any extra fees for them, the landlord might actually have another motive. It is very likely that he might want to use your beloved cat or dog as bait to convince other tenants to rent the property. The more people see animals around, the higher chances are someone will move in just to get one of his own because it gives the place “a homey feeling”. Is this illegal? Kind ofโฆ You don’t really need permission from your landlord since your pet hasn’t caused any damages or harm anyone. However, if the landlord finds out that you are subleasing your pet to another person without his knowledge, he can evict you both due to violating the terms of your rental contract.
On the other hand, if you don’t have a pet but would like to rent an apartment with “pet deposit” benefits, all is not lost! Simply search for an apartment that is being rented by someone who has pets and simply ask them if they’d be willing to sublet (rent temporarily) part of their space at a cheaper price. If they agree on terms, then it’s time for you to negotiate! Give them some money up front (usually first month’s rent + one month deposit fee). They will have to pay the landlord with these funds but you are not allowed to ask them where exactly they got this money from. If for some reason the landlord asks about it, the subtenant might say something like “my friend gave me a loan” or simply keep quiet. After all, it’s not your problem what is said between them and their landlord so don’t interfere here! Remember that you are now considered as the renter of the place since you signed a rental contract.
If there are no damages done to the property due to your animal(s), you might be able to get away without paying a deposit fee. But keep in mind that it will only work if your landlord is okay with this request! He might not want any furry, feathery or scaled creatures living in his precious property so he will most likely say no unless you have an extremely well-behaved pet! Even then, some landlords still charge damage fees after the contract is over even if nothing happened before during days spent under one roof. So think carefully before you decide to rent your new apartment just because there is no pet fee and you might be subject to some other fees instead!
If everything goes well and there are no problems encountered, congratulations! You just saved yourself a lot of money. This is the best case scenario which happens very rarely so always keep in mind that even though it’s better not having to pay for any extra fees, this doesn’t mean all landlords will accept pets without them. If the landlord says “NO” or simply doesn’t reply, don’t get discouraged and try searching for another place! There are plenty of apartments out there so take your time and match each one against your needs to find the right match.
Weโve already established that deposits are a way of guaranteeing the return of an item. A pet deposit is similar, but it guarantees that you will be able to keep your furry friend with you in the event of any damage or destruction caused by them. If this sounds like something worth exploring for your situation, get in touch today! Our team can help outline policies and procedures tailored to fit your needs so you donโt have to worry about getting stuck with damages when all is said and done.
All About Connor Pet Health
Connor Pet Health – we know that keeping our pets happy, healthy and engaged is extremely important part of all of our lives.ย Thatโs why I put together to put together my thoughts on how we can go about keeping our best friend healthy in this day and age. This blog brings to you news about pet health, treatments and therapies, inspiring stories, expert advice, and much more to help you – and your fur baby – live your healthiest life every day.โฏย
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