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A Pet Addendum for a Lease is a legal document signed by the landlord and tenant that permits a tenant to have a pet in the residence. It is essential because landlords have discretion over pet policies, and the addendum outlines the conditions for keeping a pet. It establishes the tenant's responsibilities regarding their pet, including: being fully responsible for the pet, keeping it under control, ensuring it does not cause excessive disturbance, and being liable for any damage caused by the pet. Commonly, landlords may charge additional fees or deposits related to pet ownership.