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Updated over 6 years ago on . Most recent reply

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Pet fees in Grand Rapids

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Posted

Hi, my rental management company collects one time non-refundable pet fees and monthly pet fees from the tenants. However, they (the rental management company) keep all the monies. None of those pet fees go to the owner. Is that the usual practice in GR?   

Thanks in advance for your inputs.

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719
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Irina Belkofer
  • Real Estate Broker
  • Cleveland, OH
658
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719
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Irina Belkofer
  • Real Estate Broker
  • Cleveland, OH
Replied

First of all, non refundable pet fees make the tenants less caring about YOURproperty: refundable security deposit make them take care of the property to get it back

Then, pet rent or any other rent is YOUR income - why would they pocket the money? Actually, pet rent usually get paid together with the rent.

You should read your PM agreement before you sign it. What else is there which hurts you as an owner?!?

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