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Updated over 12 years ago,
Understanding the Pet Deposit
This past year has been my first time with a tenant. They are now moving out and I am trying to decipher the lease. With regards to animals, the lease states the following:
"...at such time as Tenant shall actually keep any such animal on the Premises, Tenant shall pay to Landlord a pet deposit of fifty dollars ($50)."
Would you read this as refundable or non-refundable?