General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago, 07/17/2018
Security Deposit and Pet Fee confusion
I'm in North Carolina working on renting my first property. Any help is greatly appreciated. I read online that in some states if one charges a pet fee that doing so restricts what the security deposit can be used to address if there are damages beyond the amount of the pet fee.
If I charge a pet fee and the damages exceed that fee, does anyone know if I'm able to tap into the security deposit to pay for the pet-specific damages?
(I've looked at the General Statues for Tenant-Landlord laws in NC, but don't find it clear enough to answer my question)