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Updated over 2 years ago on . Most recent reply
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Who Keeps Pet Fees? Landlord or Property Manager?
BP Hivemind. My PM has the following language in tenant leases. They, however, keep the monthly fee of $25 per month. Based on the below language, would you agree that they should be keeping this $? Clearly, I don't, but looking for your opinions.
"1. On or before the date Tenant moves into the Property, Tenant will pay Landlord a pet deposit of $150 per pet. The pet deposit is an increase in the security deposit in the lease and is made part of the security deposit for all purposes. This increase in the security deposit is not refundable before the lease ends, even if the pet is removed. Any refund of the security deposit, including this increase, is governed by the terms of the lease.
2. Tenant will, upon execution of this agreement, pay landlord $150 Pet fee per pet as a one-time, non-refundable payment, pay landlord $25 per pet monthly, non-refundable Pet Fee."
When I asked about their logic for keeping the $, this is what I got: "We collect the fee, but you would be reimbursed the money we collected for the fee if the pet damages exceed the pet deposit. For Example if the pet damages the carpet and we have to replace it, we will give the amount we collected back."
Thoughts?
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@Emily Powell I agree with @Ned Carey. Seems quite clear to me the monthly pet fee should go to you (the owner). There is no logical reason whatsoever the property manager should get to keep that money.
The animal is causing wear and tear to your property, not the property manager’s. Why would they be compensated extra for that?