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General Landlording & Rental Properties

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Ally Kumar
  • Investor
  • Lutz, FL
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66
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1st time renewing lease, do I ask for another pet deposit?

Ally Kumar
  • Investor
  • Lutz, FL
Posted Dec 14 2016, 11:06

Hi all, I am renewing lease for my tenant for the first time. They paid $250 pet deposit last year. I am not sure if I should take pet deposit of $250 per every lease of 12 months or it it a one time pet deposit. Secondly, pet deposit paid by tenant needs to be put in escrow account with their security deposit or not? Thanks for helping out a newish landlord.

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