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Updated almost 10 years ago on . Most recent reply

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Janis McCarter
  • Professional
  • Melbourne, FL
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Security Deposit

Janis McCarter
  • Professional
  • Melbourne, FL
Posted

Must the Security Deposit be placed in a bank in the State (FL) in which the rental is? In Florida?

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39
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4
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Bobby Sommers
  • Investor
  • West Palm Beach, FL
4
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39
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Bobby Sommers
  • Investor
  • West Palm Beach, FL
Replied

@Bill S.  You had me curious about my number.  This is from my 2015 FL course book.  You should be able to see mid way through it says the exception is for landlords with fewer than 5 units.

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