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Pets in Your Rental Property: What You Should Know

Pets in Your Rental Property: What You Should Know

Owning rental properties comes with many decisions, and one of the most significant choices you'll face is whether to allow pets. This decision can impact your rental income, property maintenance, tenant satisfaction, and even the overall success of your investment. Understanding the pros and cons, legal considerations, and best practices for managing animals in your rental property is crucial for making an informed decision. Let's talk about it.


With over 15 years in real estate development, Regalway Homes has earned a stellar reputation among clients and investors. Our expertise spans wealth management, growth, and acquisition needs across Canada. As a family-owned business based in Milton, Ontario, we understand the commitment required to achieve your real estate dreams. Contact us today to discover how Regalway Homes can help you succeed.


The Pros and Cons of Allowing Pets

Allowing animals in your rental property has both advantages and disadvantages. On the positive side, pet-friendly properties often attract a larger pool of potential tenants. Many pet owners struggle to find accommodation that accepts their furry friends, so offering a pet-friendly rental can make your property stand out. This increased demand can lead to higher occupancy rates and the potential to charge a premium on rent.


Furthermore, tenants with animals are often more stable and long-term. The difficulty in finding pet-friendly housing means they are less likely to move frequently, providing you with a steady rental income and reducing turnover costs. Happy tenants are also more likely to take good care of your property and maintain a positive relationship with you as the landlord.


However, allowing pets also comes with challenges. Animals may cause damage to the property, such as scratched floors, chewed carpets, or stained upholstery. Noise complaints from barking dogs or conflicts with other tenants can also arise. Additionally, there's the potential for liability issues if a pet injures someone on the property.


Legal Considerations

When deciding whether to allow animals in your rental property, it's crucial to understand the local laws and regulations. In Ontario, the Residential Tenancies Act (RTA) governs the relationship between landlords and tenants, including specific pet provisions.


According to the RTA, landlords cannot include a "no pets" clause in the lease agreement. This means you cannot outright ban pets in your rental property. However, there are exceptions to this rule. If a pet causes significant damage to the property, disturbs other tenants, or if the pet's presence is against municipal by-laws (such as restrictions on certain breeds or exotic animals), you may have grounds to request the removal of the pet.


It's important to note that service animals are protected under the Ontario Human Rights Code. Tenants who require a service animal due to a disability are entitled to have their service animal live with them, regardless of any pet policies. You cannot charge additional fees or deposits for service animals.


While you cannot prohibit pets entirely, you can implement reasonable rules and regulations to manage them. For example, you can set expectations for pet behaviour, require that animals be vaccinated and licensed according to local laws, and stipulate that animals must be supervised in common areas.


It is advisable to include a detailed pet policy in your lease agreement. This policy should outline the types of animals allowed, any restrictions on size or breed, the number of animals permitted, and any specific behaviour expectations. It should also clearly state the tenant's responsibility for any damage caused by their pet and the process for addressing pet policy violations.


Implementing Pet Policies

If you decide to allow pets, implementing well-thought-out pet policies is crucial. Start by determining which types of animals you'll allow. While dogs and cats are the most common, some landlords permit birds, fish, reptiles, or small mammals. Consider the size and breed of dogs, as larger or aggressive breeds may pose more risk.


Establishing a pet screening process is also beneficial. This can include checking references from previous landlords, verifying the pet's vaccinations and health records, and meeting the pet to observe its behaviour. Requiring tenants to obtain renters' insurance, including liability 

coverage for their animals, can further protect you from potential issues.


Clearly communicate your pet policy to prospective and current tenants. Include it in your rental listings, lease agreements, and tenant welcome packages. Regularly inspect the property to ensure compliance with the pet policy and address any issues promptly.


Balancing Tenant Satisfaction and Property Management

Balancing tenant satisfaction with effective property management is vital when allowing animals in your rental property. Keeping open lines of communication with your tenants can help address any concerns and prevent misunderstandings. Responding promptly to complaints, whether from pet owners or other tenants, demonstrates your commitment to maintaining a harmonious living environment.


Regular property maintenance is also essential. Conducting routine inspections can help you identify and address pet-related damages early. Providing amenities such as designated pet areas, waste disposal stations, or even pet-washing facilities can enhance the appeal of your property to pet owners and encourage responsible pet ownership.


Finally, consider fostering a pet-friendly community. Organizing events such as pet meet-and-greets or providing resources for pet care can build a sense of community among tenants. This improves tenant satisfaction, reduces turnover, and enhances your property's reputation.


Deciding whether to allow pets in your rental property is a significant decision that can affect your investment's profitability and success. Considering these factors, you can create a pet-friendly rental property that attracts responsible tenants and protects your investment. Whether you choose to allow animals or not, having a well-defined policy and approach will help you manage your property effectively and ensure a positive experience for all involved.


Ready to make your rental property pet-friendly and maximize your investment potential? Schedule a free consultation with Regalway Homes at www.regalwayhomes.com/book-online to explore tailored strategies for managing pets in your properties. Our experienced team will guide you through every step, ensuring your property remains attractive to tenants while protecting your investment.

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