Index
Florida Statutes Section 83.49 - Deposit Notice Requirements
Summary
Landlords must notify tenants in writing within 30 days of receiving a security deposit about where and how the money is being held.
Rights & Rules
- 01.Right to know the name and address of the bank holding your deposit.
- 02.Right to know if the deposit is being held in an interest-bearing or non-interest-bearing account.
- 03.Right to receive interest if the landlord chooses to hold the money in an interest-bearing account.
Penalties
- 01.Forfeiture of the landlord's right to claim any part of the security deposit if notice is not given.
- 02.Requirement to pay the tenant's legal fees if a court case arises over the deposit.
Verified Citations
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