Lease agreement adjustments

[Maxim K.]

Hello BP members.

I’m in the process of gathering all the document for lease agreement.

My applicant has a small service dog and I can’t charge any extra monthly fee for it . But I can collect security deposit of $500, I informed potential tenant about it but they saying they never had to pay extra security deposit for their service dog and asking if it’s could be waived .

Our lease agreement is for 1 year, they asking if they can sign a 2 year lease instead because they don’t want a rent increase after 1st year.

They seems like a nice family and they are qualified tenant.

Most families for this apartment are families of 3,4 or 5 people . This family is only of 2 which is more suitable for us since we will be living on the 2nd floor of the duplex above them.

My questions :

Should we waive security deposit for a dog and just keep a regular security deposit ?

Should we let them sign 2 year lease , which leave us no option to increase rent after 1st year?

[Bjorn Ahlblad]

If it were me I would say no to both. Definitely no 2 year lease and no dog without 500 dollar deposit. You are in NY so don't get into any long term leases. Move on to the next applicant