Security deposit - no maximum limit for Florida ?
It seems that there is no maximum limit for security deposit in FL, just want to run this by everyone here in case I misinterpreted the language. Below are some of the links other people have posted re: FL law:
Security Deposit Maximum: No Statute
http://www.landlordology.com/florida-landlord-tena...
http://www.leg.state.fl.us/statutes/index.cfm?App_...
So I am allowed to accept from a tenant 3, 4, 5 months in security deposit if I am concerned her income may not be sufficient? And the security deposit can be used for late rent or if she breaks the lease ?
I don't know why I am nervous about taking the money....