Pet Bond

Discussion in 'Property Management' started by sparklestorm, 9th Apr, 2019.

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  1. sparklestorm

    sparklestorm Well-Known Member

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    Greetings friends,

    Hope we are all well.

    How do we all feel about Pet Bonds and how much is the standard charge for one?

    Thank you all for recommendations in advance.
     
    sparklestorm, 9th Apr, 2019
    #1
  2. thatbum

    thatbum Well-Known Member

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    Unlawful in most states and situations I believe.
     
    thatbum, 9th Apr, 2019
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  3. D.T.

    D.T. Specialist Property Manager Business Member

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    D.T., 9th Apr, 2019
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  4. sparklestorm

    sparklestorm Well-Known Member

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    Thank you for that.

    Although I believe if you and the tenant agree it can be done?

    Correct me if I am wrong please.!
     
    sparklestorm, 9th Apr, 2019
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  5. D.T.

    D.T. Specialist Property Manager Business Member

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    Answer is very likely no, but worth checking - which state is the property in?
     
    D.T., 9th Apr, 2019
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  6. sparklestorm

    sparklestorm Well-Known Member

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    Victoria
     
    sparklestorm, 9th Apr, 2019
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  7. thatbum

    thatbum Well-Known Member

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    It might be technically allowed if your rent is more than $350/week? Because of that exception. I'm not full bottle on it off the top of my head so maybe some victorian PMs can clarify.
     
    thatbum, 9th Apr, 2019
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  8. D.T.

    D.T. Specialist Property Manager Business Member

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    Bond is negotiable there so you could ask for a little more bond. Doesn't necessarily mean you'll find a tenant who wants to pay it.

    Wouldn't call it a pet bond though if you want to stay out of trouble.
     
    D.T., 9th Apr, 2019
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  9. MyPropertyPro

    MyPropertyPro REBAA Buyer's Agents Sutherland Shire & Surrounds Business Member

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    MyPropertyPro, 9th Apr, 2019
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