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Updated about 8 years ago on . Most recent reply

User Stats

66
Posts
17
Votes
Ally Kumar
  • Investor
  • Lutz, FL
17
Votes |
66
Posts

1st time renewing lease, do I ask for another pet deposit?

Ally Kumar
  • Investor
  • Lutz, FL
Posted

Hi all, I am renewing lease for my tenant for the first time. They paid $250 pet deposit last year. I am not sure if I should take pet deposit of $250 per every lease of 12 months or it it a one time pet deposit. Secondly, pet deposit paid by tenant needs to be put in escrow account with their security deposit or not? Thanks for helping out a newish landlord.

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