The Pros and Cons of Allowing Pets in Rental Properties
As an Ontarian property management company, we understand the many considerations that arise when it comes to whether or not to allow pets in rental properties. While some landlords may hesitate to open their doors to furry friends, others embrace pet-friendly rentals. In this article, we’ll explore the pros and cons of pet restrictions in rental properties.
declarations, Bylaws, and rules
If your rental property is in a condominium, it’s necessary to double-check the condominium’s declarations, bylaws, and rules before considering whether to allow pets in your rental unit, and if so, whether there are any restrictions therein. Some condo corporations may restrict pets altogether, whereas some may restrict pets based on the type, breed, or number of pets that can be kept. While an Ontarian landlord’s “no pets” clause may not be enforceable in the eyes of the Ontario Landlord & Tenant Board, a condo corporations’ governing documents are allowed to supersede this.
“no pet” clauses
As we’ve mentioned, Ontario landlords’ “no pet” clauses may not be enforceable. However, this protection only applies once an Ontario Residential Tenancy Agreement has been signed. By all means, landlords are still allowed to reject rental applications to prospective tenants with pets.
In any case though, if damage is caused by a pet in the unit, liability will still fall unto the tenant to make repairs or reimbursements to the landlord. Any lease should clearly define the rules and expectations for pets, if allowed, to prevent potential disagreement later on.
Pros of Allowing Pets
Increased Rental Demand
Most landlords prefer to avoid the potential risks of other’s pets, leaving pet-owning tenants with fewer, quality rental options.
Tenant Retention and Satisfaction
Once pet owners have found a welcoming environment for their furry, feathery, or scaly friends, they’re often more inclined to stay for longer, reducing tenant turnover rates.
Higher Rent Potential
Pet-friendly rentals will often command higher rental rates as well, due to their increased desirability, and pet-owners are often willing to pay a premium to help accommodate their companions.
Cons of allowing pets
Potential Property Damage
Puppies are notoriously destructive, as are many adult pets when bored or under-stimulated—which can be a common occurrence for pets living in small units with working owners. If you’re allowing pets, it’s important to consider a prospective tenant’s commitment to properly train and nurture their pets.
Allergies & Noise Complaints
In multi-unit buildings, dander and noise may travel easily between units, causing complaints from other residents.
Liability and Insurance Considerations
Potential bites or injuries caused by a tenant’s pet may create a liability risk for the landlord. Landlords should consult with their insurance provider to ensure they have appropriate coverage against these risks.
Additional Maintenance and Cleaning
Even with well-behaved pets, all pets are bound to increase the amount of dust or dander in a home, which may warrant further upkeep of HVAC systems, carpets, included furnishings, etc.
Deciding whether to allow pets in rental properties is (typically) a personal choice depending on various factors. While allowing pets invites a certain degree of risk in regards to damage, complaints, or liability, a larger prospective tenant pool, tenant satisfaction, and higher rental rates may sway one’s opinion on the matter. At the end of the day, consistently implementing clear pet policies, conducting thorough tenant screening, and maintaining open communication can help landlords create environments that properly accommodate both tenants with or without pets.