Pet in a Rental - It's their home too! Expectations and responsibilities - (4 pages) - plus a bonus
Tenant Pet Rental Agreement - It's their home too! Expectations and responsibilities - (4 pages) - plus a bonus BONUS PET PLANNER AND PET SITTER NOTES!
Renting to people with pets can increase your number of potential tenants. It can also improve your occupancy rates because many responsible pet owners make good long-term tenants.
Instead of ruling out all pet owners as tenants, set fair, clear-cut rules for pet owners. Only accept those you feel are suitable for your rental property.
Agreement includes:
- Permission
- Condominium Board Approval
- Pet Details
- TENANT'S RESPONSIBILITIES
- Pet Policy, Bylaws and Rules
- LANDLORDS ENTRY
- Emergency caretaker Information
- Veterinarian Contact Information
- Dispute Resolution
- Any Additional Terms
By accepting tenants with pets, you can:
• increase demand for your property since not all rental properties on the market accept tenants with pets, yours will be in high demand.
• attract more long-term tenants as it is hard to find rental properties that allow pets, so tenants with pets are likely to stay longer than tenants with no pets. This could reduce turnover in your building(s).
• attract responsible tenants Responsible pet owners often make the most responsible tenants. Because few rental properties allow pets, these tenants are less likely to do anything to put their tenancy at risk.
If you decide to allow pets in your buildings:
• Know the different types of pets that people own. Every animal has different physical and emotional needs.
• Decide what types of pets you will allow and make this clear to all tenants.
• Have clear rules about where pets will be allowed in the complex. This may help other tenants who may be concerned about pets in tenancies.
• Remember that the tenants/pet owners are responsible for caring for their pets and making sure their needs are met.
With the attached 4-page Pet Agreement you will be able to cover all the details, in order for you and your tenant to be on the same page, regarding expectations and responsibilities.