SubscribePet Security Deposits – Landlording TV – #33
A great question was asked on the blog about accepting Pets, what to charge for Pet Security Deposits and whether or not to charge extra rent.
Pet Security Deposits – Landlording TV – #33
A great question was asked on the blog about accepting Pets, what to charge for Pet Security Deposits and whether or not to charge extra rent.
At least you are allowed to ask for a pet deposit, or security deposits. Here in Ontario we are not allowed to ask for either. We are only allowed to ask for last month’s rent, which can only be used for last month’s rent, it can not be used to go towards damages the tenants make, you have to track them down and take them to court for that money.
The system in Ontario is a complete mess!
Wow, I didn’t know that, it’s a whole different game in Ontario! I hope you are still making money up there despite the ability to collect Security Deposits!
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