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Tenant with dog and cat: how much extra to charge - Landlord Forum thread 114606







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Tenant with dog and cat: how much extra to charge by Dave Varga on October 17, 2005 @20:54

                              
I am renting this apt and thinking of allowing a couple with apparently a well behaved dog and cat.

If I charge 1200 per month, including utilities, any suggestions on how much extra to charge them for rent? Some people are telling me and extra $200, but that seems like a lot of money. Anyone have suggestions? My property insurance will probably go up $150 a year.

Also, is there any kind of liability that I am taking on with the dog or cat, in case they bite another tenant or something? Should they get some kind of renters insurance to protect me and them from the potential actions of their animals?

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Re: Tenant with dog and cat: how much extra to charge by Amy in NY on October 17, 2005 @22:30 [ Reply ]
1) There are no renters with badly behaved dogs and cats (no one will addmit)
2) A cat pees on your floor and you have to replace everything.
3) A dog bites and you better have a darn good lawyer
4) When I was a tenant with a dog, I payed 900 in rent and was charged $15 per month for the doggie.
5) I had "well behaved" tenants once with "well behaved" little pooch, who peed and pooped on my carpet in front of me (the doggie, not the tenant) ....

Re: Tenant with dog and cat: how much extra to charge by Anonymous on October 18, 2005 @10:26 [ Reply ]
I charge $20 additonal per month and an additonal $100 on the security deposit for tenants with pets. I use the LPA Animal Agreement, take a picture of the "pets" and require proof/documentation that all pets are current on their vaccinations. If all of this is readily provided it is a "sign" you have responsible pet owner and pets; if not, be prepared to enforce the lease and either not allow the pets or don't rent to them.
Re: Tenant with dog and cat: how much extra to charge by Anonymous on October 18, 2005 @19:41 [ Reply ]
You have to cover the extra cost of your property insurance. I would also ask for a copy of their renter's insurance that specifically lists their pets, and charge extra on the security deposit. Also keep in mind if the dog bites anyone, your insurance will be the party sued....after all you are the property owner and have the asset, which is the property.

Talk to your insurance agent before you rent is my best advice!

Re: Tenant with dog and cat: how much extra to cha by Lee on October 19, 2005 @01:15 [ Reply ]
No matter what you charge, don't forget to get a pet deposit. You never know what pet damaged items you may have to replace/repair after their move out.

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