Q: WHO HOLDS THE SECURITY DEPOSIT?
A: Security Deposits are held by you the owner.
Security deposits serve as an intangible measure of security, or as a means of tangible security in the event of damages or lost property.
WHAT IS THE SECURITY DEPOSIT LAW IN FLORIDA?
Florida's Security Deposit Law requires a landlord to return the security deposit to the tenant within 15 to 60 days after the tenant moves out of the rental unit. If a landlord plans to return all of the security deposit, then it must be done within fifteen days after the lease has been terminated.
Contact us today about our Management Services:
Pristine Property Management, LLC
9480 NE 2nd Ave #128
Miami Shores Fl, 33138.
#residentialpropertymanagement
Eddie Miller, Partner of PPM, is the Past-President of the SE Florida Chapter of the National Association of Residential Property Managers. NARPM® promotes the high standards of business ethics, professionalism and fair housing practices. The Association has a structured educational program and certifies its members in the quality standards of the residential property management industry.
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