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Updated over 9 years ago on . Most recent reply

Janis McCarter's profile image
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Janis McCarter
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  • from Melbourne, Florida
  • Member since Jul 13, 2015
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Janis McCarter
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  • from Melbourne, Florida
  • Member since Jul 13, 2015
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Janis McCarter
  • Professional
  • Melbourne, FL
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General Landlording & Rental Properties

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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  • from West Palm Beach, Florida
  • Member since Aug 3, 2013
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Bobby Sommers
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  • from West Palm Beach, Florida
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Bobby Sommers
  • Investor
  • West Palm Beach, FL
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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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