Renting to Tenants with Pets: Advice from Centurion Real Estate’s Property Management Team
A significant number of people have pets in Australia. Should you consider renting to tenants with pets and what do you need to consider?
Justine Valender explains what landlords should keep in mind to have the best options available for their properties.
As property management specialists, the Centurion Real Estate team is committed to ensuring that both landlords and tenants experience a harmonious and mutually beneficial rental relationship. In today’s blog, we’ll be delving into a topic that has garnered significant attention – renting to tenants with pets. Additionally, we’ll shed light on the impending changes to the Residential Tenancies Act (RTA) in Western Australia concerning tenants’ rights and their furry companions.
Embrace the Pet-Friendly Trend
Over recent years, the rental landscape has evolved to accommodate the growing number of pet owners seeking suitable housing. Landlords who open their properties to tenants with pets are tapping into a broad tenant pool while fostering goodwill. However, this decision comes with considerations that should be thoroughly understood to ensure a positive experience for all parties involved.
Points to Consider Before Renting to Tenants with Pets:
- Property Suitability: Evaluate your property’s layout and amenities to determine its suitability for pets. Consider factors like yard space, fencing, and nearby parks for exercise.
- Pet Policy: Establish clear pet-related guidelines in your lease agreement. This can include specifics about the number of pets allowed, their sizes, and acceptable breeds.
- Pet Deposits or Fees: Consider charging a pet deposit or non-refundable fee to cover potential pet-related damages. This ensures that any necessary repairs can be addressed without affecting your finances.
- Regular Inspections: Conduct regular property inspections to assess any pet-related wear and tear. Open communication with tenants can help address issues promptly and prevent escalation.
- Communication is Key: Maintain open lines of communication with tenants regarding pet-related matters. Encourage them to inform you about any changes in their pet situation and promptly address any concerns they may have.
Upcoming Changes to the RTA in WA:
It’s worth noting that the Residential Tenancies Act in Western Australia is undergoing amendments that will affect landlords and tenants alike, particularly regarding pets. These changes aim to strike a balance between providing tenants with the opportunity to enjoy the companionship of pets while respecting landlords’ concerns.
A Win-Win Approach
By adopting a pet-friendly stance, landlords can foster positive tenant relationships while ensuring responsible pet ownership. The Centurion Real Estate team encourages landlords to proactively communicate their expectations and terms to potential tenants with pets. Additionally, staying informed about the upcoming changes to the RTA in Western Australia will empower both landlords and tenants to navigate pet-related arrangements seamlessly.
Remember, Centurion Real Estate is here to guide you through these developments, offering expert advice to ensure that renting to tenants with pets remains a harmonious and rewarding experience for all parties involved.
At Centurion, we’re committed to delivering you the best Real Estate Solution. If you have any questions, call us on (08) 9454 2237.
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