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Updated 8 months ago on . Most recent reply

User Stats

33
Posts
15
Votes
Luis De Jesus
  • Rental Property Investor
  • Ocala, FL
15
Votes |
33
Posts

Security Deposits, what banking institutions?

Luis De Jesus
  • Rental Property Investor
  • Ocala, FL
Posted

Greetings family.  I would like to know which banking institutions and type of accounts you are using for security deposits that comply with Florida law.
I have heard to use an escrow account.  However, I called Chase bank and asked about opening an escrow account and they said I would have to have some kind of agreement.  Maybe I didnt express well that it was meant for landlord.

Thanks.


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