How can a landlord properly handle pet deposits?

In Georgia, landlords must follow specific rules when it comes to pet deposits. A pet deposit is a fee that the tenant pays for the privilege of having a pet. The landlord may charge a pet deposit only if the pet will cause additional wear and tear to the rental unit. The amount of the pet deposit must be reasonable and the landlord must provide a written receipt for the deposit. The receipt should state the amount of the pet deposit and list any restrictions on the use of the pet deposit. The pet deposit must be kept in a separate trust account until the end of the tenancy or until the pet deposit is returned to the tenant, whichever comes first. The pet deposit should be returned to the tenant after the end of the tenancy as long as there are no damages or other charges that the tenant is obligated to pay. If the tenant has caused any damage because of their pet, the landlord may deduct an amount from the pet deposit to cover the cost of damages. If the landlord fails to properly handle a pet deposit in Georgia, the tenant may pursue legal action against the landlord. Therefore, it is important for landlords to follow the rules and regulations when it comes to pet deposits.

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How can a landlord properly handle pet deposits?

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