Does a pet fee cover damages
- what is a typical pet deposit
- what is a typical pet deposit for a rental
- what is a normal pet deposit for renters
- what is a normal pet deposit
Pet fee vs pet deposit
Pet deposit for rental.
How Much to Charge for Pet Deposit
Do you know what is a typical pet deposit amount to charge and what is the difference between between pet fees vs deposits? Learn the answers here.
RELATED: Should You Allow Pets in Rental Properties?
Maximum and Typical Pet Deposit Amounts
Before charging a deposit for pets in rental property, it's important to know that most states have a maximum deposit amount.
The combined amount of pet and security deposit may not exceed this maximum limit.
For example: Your state laws allow a maximum deposit amount of 2 month's rent and you have asked for 1.5 month's rent as security deposit. In this case, you can impose a maximum of 0.5 month's rent as animal deposit - Click here to see the maximum deposit amount for your U.S.
state.
However , some U.S. states (namely Alabama, Delaware, Kansas, Nebraska, North Carolina, North Dakota and South Dakota) have a separate limit on deposit for pets. For example: In Nebraska, you can ask for a maximum of 1 month's rent as security deposit, plus an additional 0.25 month's rent for tenants with pets.
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