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A Pet Addendum for a Lease is a legal document signed by both the landlord and tenant, allowing a tenant to keep a pet in their residence. It is necessary because landlords have the discretion to permit or deny pets. The addendum outlines the specific requirements for having a pet, making the tenant accountable for responsibilities such as ensuring the pet is well-controlled and does not create disturbances. It typically includes the pet's information and stipulates that the tenant is liable for any damage caused by the pet. Additionally, landlords may charge non-refundable pet deposits or monthly pet fees.