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[AK] [AK] Can I charge a pet security deposit for my rental?

Hi! My tenant is asking why I am asking for a pet security deposit for one month, aside from the one-month rental deposit, and I have told them I will increase the rent by $100 since they have a cat. Is that ok or not?

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Blake
Blake

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To address your tenant's question regarding the pet security deposit and rent increase, here's some general guidance:

Pet Security Deposit: It's common for landlords to require an additional security deposit for tenants with pets. This deposit is typically intended to cover potential damages caused by the pet to the property. In Alaska, you are generally allowed to ask for a pet deposit, but it must be reasonable and comply with any local or state regulations regarding deposit amounts.

Rent Increase: In most cases, landlords can increase the rent to account for pets, but this must be clearly specified in the lease agreement. If you plan to increase the rent due to the pet, this should be discussed with the tenant upfront and incorporated into the lease as a rent surcharge for having a pet. Keep in mind that rental increases are typically governed by any applicable local rent control laws, and it’s crucial to ensure any increase complies with those regulations.

Lease Agreement: Since you have already shared the lease agreement with your tenant, it is important that it clearly outlines:

  • The rent increase related to the pet.
  • The additional pet deposit, specifying whether it is refundable or non-refundable.
  • The conditions under which the pet deposit would be used (e.g., for any damage caused by the pet).

It’s also a good idea to make sure the tenant understands why you are requesting the additional pet deposit and rent increase, so they can see the reasoning behind it.

If you're unsure whether these terms are appropriately included in the lease, it may be helpful to review the lease or consult with a local attorney to confirm that your lease terms are in compliance with Alaska state law.

Does this answer your question and do you understand the answer completely? Please let me know if you have any follow-up questions or if anything in this answer was unclear, and I will be happy to help.

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Residential Lease Agreement

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Hi! My tenant is asking why I am asking for a pet security deposit for one month, aside from the one-month rental deposit, and I have told them I will increase the rent by $100 since they have a cat. Is that ok or not?

Lexi

Lexi, Chatbot

I understand that dealing with tenant issues can be challenging. Can you please share if there is a written lease agreement in place that outlines the terms regarding pets and deposits?

Yes, I did the template here and sent it to them for review. They are actually prospective tenants who would like to move in on August 1.

Lexi

Lexi, Chatbot

Have you communicated your reasons for the pet security deposit and the rent increase to your tenant in writing?

Do you want me to send you the lease agreement so you can review it?

Lexi

Lexi, Chatbot

Is there anything else the Landlord-Tenant Lawyer should know before I connect you? Rest assured they’ll be able to help with your lease agreement.

I am not sure what else to provide besides the lease agreement.

Blake

Blake

Hello, my name is Blake and I am a licensed attorney - I will be happy to help you today! All I ask is that you please keep in mind that this conversation is for informational purposes only and does not establish an attorney-client relationship or constitute legal advice. THIS ENTIRE DISCUSSION SHOULD BE CONSIDERED GENERAL LEGAL INFORMATION ONLY AND MAY NOT BE RELIED UPON AS ADVICE.

You must hire an attorney if you need legal advice for your specific situation. Your question is important, and I'll provide a helpful response as soon as possible. Feel free to reach out with any additional concerns or questions. Your satisfaction is my priority, and I'll make sure to communicate effectively and use a tone that you can understand.

Together, we'll find the best solutions for your needs. Let's get started! First of all, how long ago did this happen, and where was it located?

I have an Alaska lease agreement that I purchased in eForms. I sent it to my potential tenants, and they are asking why I am asking for a pet deposit fee aside from the one-month rental fee. After I told them I would increase the rent by $100 since they have a cat. Do you mind reviewing the lease agreement to help answer the question? Thank you.

Blake

Blake

To address your tenant's question regarding the pet security deposit and rent increase, here's some general guidance:

Pet Security Deposit: It's common for landlords to require an additional security deposit for tenants with pets. This deposit is typically intended to cover potential damages caused by the pet to the property. In Alaska, you are generally allowed to ask for a pet deposit, but it must be reasonable and comply with any local or state regulations regarding deposit amounts.

Rent Increase: In most cases, landlords can increase the rent to account for pets, but this must be clearly specified in the lease agreement. If you plan to increase the rent due to the pet, this should be discussed with the tenant upfront and incorporated into the lease as a rent surcharge for having a pet. Keep in mind that rental increases are typically governed by any applicable local rent control laws, and it’s crucial to ensure any increase complies with those regulations.

Lease Agreement: Since you have already shared the lease agreement with your tenant, it is important that it clearly outlines:

  • The rent increase related to the pet.
  • The additional pet deposit, specifying whether it is refundable or non-refundable.
  • The conditions under which the pet deposit would be used (e.g., for any damage caused by the pet).

It’s also a good idea to make sure the tenant understands why you are requesting the additional pet deposit and rent increase, so they can see the reasoning behind it.

If you're unsure whether these terms are appropriately included in the lease, it may be helpful to review the lease or consult with a local attorney to confirm that your lease terms are in compliance with Alaska state law.

Does this answer your question and do you understand the answer completely? Please let me know if you have any follow-up questions or if anything in this answer was unclear, and I will be happy to help.

Can I ask for a security deposit aside from the pet deposit?

Blake

Blake

Yes, you can ask for a security deposit in addition to the pet deposit.

The security deposit is generally intended to cover any damage to the property, unpaid rent, or other breaches of the lease agreement, while the pet deposit specifically covers potential damage caused by the pet.

However, both deposits must be reasonable, and the total amount of all deposits combined (security deposit + pet deposit) should comply with any applicable state or local laws regarding the maximum amount you can charge.

In Alaska, for example, the total amount of a security deposit cannot exceed two months' rent, and pet deposits typically fall under the same limit. You should also ensure that these terms are clearly stated in your lease agreement, specifying how each deposit will be used and under what conditions it may be returned.

It's important to communicate clearly with your tenant about why both deposits are being requested.

Does this answer your question and do you understand the answer completely? Please let me know if you have any follow-up questions or if anything in this answer was unclear, and I will be happy to help.

Blake

Blake

I hope I was able to answer your question.

Blake

Blake

8,244 satisfied customers

Blake
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