Columbia Property Management Blog

A recent study by the National Apartment Association found that nearly 50% of all renters have pets. This number is only going to grow in the years to come. As a result, more and more landlords are allowing pets in rental properties.

Pets can cause damage to a rental property, and landlords need compensation for that. Landlords considering allowing pets need firm policies in place.

You can still protect your assets should you allow pets on your rental property. You can get more tenants and still accommodate responsible pet owners.

There are smart policies that every landlord should consider when allowing pets. Keep reading to find the best ideas to incorporate into your pet policy.

Types of Pets in a Rental Property

Switching to a pet-friendly property can be daunting. Be clear about what types of pets you will allow in the rental property. The most common pets are dogs and cats. But you may also allow birds, reptiles, or other small caged animals.

If you only allow certain types of pets, list them in your pet policy. For example, you may allow cats and dogs but not reptiles. This will help set expectations for potential renters with pets.

Consider Pet Restrictions

Another policy to consider is restrictions on the types of pets you allow. For example, you might only allow cats and dogs under a certain weight.

You may also want to consider breed restrictions. Some landlords do not allow specific breeds of dogs because of the potential for damage.

The most common breeds that landlords restrict are pit bulls, rottweilers, and Dobermans. But this can vary depending on your state and local laws.

Another policy to consider is the number of pets you allow in a rental unit. The most common policy is to allow two pets per unit.

Know Your Local Laws

Be sure to check your local laws before finalizing your pet policy.

The Fair Housing Act protects tenants with service animals in South Carolina. You must make exceptions for trained service animals even if you do not allow pets.

Keep an eye on updates for breed-specific legislation in Columbia. You could be liable if a tenant's dog causes damage or harm, even if the dog is not listed as an aggressive breed.

Charge Pet Fees

Any pet can damage a rental home, but certain animals are more likely to cause trouble than others. Consider the potential damage when allowing pets on your property before deciding. Some pets are not a good fit for a rental property.

That's why you must charge a pet deposit fee to cover damages. You set a one-time fee when a tenant moves in with a pet. The pet fee can range from $200 to $500, depending on the type of pet and the property.

Establish Firm Policies

When it comes to pets in a rental property, the best policy is a firm one. Include strong policies in the lease agreement, and be sure to enforce them. This will help protect both the tenants and the property owner from any damages.

Columbia Property Management can craft and enforce a pet policy that works for landlords and tenants. Contact us today to learn more about how property management can help you protect your investment.