Definition
Non-refundable fees charged by the HOA for pet ownership, separate from rental deposits. Pet deposits fund damage repairs and liability coverage.
Not sure where this fits?
Answer a few questions and we’ll open the path that fits, at the right step.
Find my pathAbout this term
Pet deposits (typically $200-500 per pet) are non-refundable fees. Some HOAs also charge monthly pet rent. Pet deposits fund damage repairs and liability coverage. Pet policies vary significantly by community.
Pro Tip
If you have pets, verify fees and deposit before buying. Some communities prohibit pets entirely.
Example
HOA charges $300 non-refundable pet deposit plus $50/month pet rent for dog ownership