Legal Question in Real Estate Law in Florida
Must interest be paid on money held as a rent security deposit on a property in the state of Fla.
Asked on 12/02/09, 3:57 pm
2 Answers from Attorneys
David Slater
David P. Slater, Esq.
no, but it must be put in a separate account for the tenant.
Answered on 12/07/09, 4:11 pm
Lesly Longa
Longa Law P.A.
Not necessarily, but it would need to be in a separate account under Florida Statutes 83.49. You can find the statutes online and there is also information on Florida landlord-tenant law available at http://www.800helpfla.com/landlord_text.html.
Answered on 12/07/09, 5:20 pm
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