Should You Allow Pets in Your Rental Properties? – A Guide for Fraser Valley Landlords

Allowing pets in rental properties is a significant decision for landlords. With many Fraser Valley tenants seeking pet-friendly homes, this guide weighs the pros and cons specifically for landlords in Chilliwack, Abbotsford, and Hope.

Pros of Allowing Pets

• Expanded tenant pool and faster vacancy filling.

• Potentially higher rents due to increased demand for pet-friendly homes.

• Longer tenant stays, as pet owners often have fewer rental options.

Cons of Allowing Pets

• Increased potential for property damage and wear.

• Higher maintenance and cleaning costs.

• Potential disturbance to neighbours, creating conflict.

Best Practices for Pet-Friendly Rentals

• Clearly define pet policies in tenancy agreements (type, size, breed restrictions).

• Collect an additional pet damage deposit (allowed in BC, up to half a month's rent).

• Conduct regular inspections to manage risks proactively.

Legal Considerations in BC

• BC permits landlords to restrict or prohibit pets in their properties.

• If pets are allowed, terms must be explicitly defined in tenancy agreements.

Making Your Decision

• Consider property type: houses and townhomes typically handle pets better than apartments.

• Evaluate local market demand: pet-friendly rentals in Abbotsford and Chilliwack see consistently high demand.

Allowing pets can be advantageous if managed correctly, enhancing tenant retention and property marketability. Fraser Valley landlords must carefully weigh the benefits against potential risks and manage pet policies proactively.