How can a landlord properly handle pet deposits?

In New Hampshire, a landlord must follow specific procedures when collecting a pet deposit from a tenant. The landlord must specify in writing that they are charging a pet deposit. This should be outlined in the lease agreement and should include the amount of the deposit, what the deposit is for, and the conditions for return of the deposit. Once the pet deposit fee is agreed to, the landlord can collect the pet deposit. The exact amount is up to the landlord, but the maximum allowed by law is the equivalent of one month’s rent. A landlord must hold the pet deposit until the tenant vacates the property. The landlord can use the deposit to cover any damages or excessive cleaning that relates to the presence of the pet. In New Hampshire, the landlord must return the pet deposit within 30 days after the tenant has vacated the property. The landlord is responsible for refunding the deposit in full if there are no damages to the property or if any damages do not exceed the cost of the pet deposit. The landlord should provide an itemized list of any damages and the cost for repair to the tenant before the deposit refund is issued. If the cost for repair exceeds the amount of the pet deposit, the tenant is responsible for paying the difference.

Related FAQs

What can a landlord do if a tenant is late on rent payments?
Are there any laws governing the use of tenants' security deposits for repairs?
What should a tenant do if they are in dispute with a landlord?
What tenants’ rights are protected by the Americans with Disabilities Act?
What type of written notice must a landlord provide when raising a tenant’s rent?
How much can a landlord charge for late rent?
What are the laws governing the refund of a security deposit?
What rights does a tenant have if the landlord fails to provide a habitable living environment?
What are the laws governing the inspection of rental units?
Are there any laws governing the exchange of keys between landlords and tenants?

How can a landlord properly handle pet deposits?

Related FAQs

Related Blog Posts