.— (a) There shall be exempt from forced sale under process of any court, and no judgment, decree or execution shall be a lien thereon, except for the payment of taxes and assessments thereon, obligations contracted for the purchase, improvement or repair thereof, or obligations contracted for house, field or other labor performed on the realty, the following property owned by a natural person: (1) a homestead, if located outside a municipality, to the extent of one hundred sixty acres of contiguous land and improvements thereon, which shall not be reduced without the owner’s consent by reason of subsequent inclusion in a municipality; or if located within a municipality, to the extent of one-half acre of contiguous land, upon which the exemption shall be limited to the residence of the owner or the owner’s family;Florida statutes provides:(1)(a) A person who, on January 1, has the legal title or beneficial title in equity to real property in this state and who in good faith makes the property his or her permanent residence or the permanent residence of another or others legally or naturally dependent upon him or her, is entitled to an exemption from all taxation, except for assessments for special benefits, up to the assessed valuation of $25,000 on the residence and contiguous real property, as defined in s. 6, Art.

You then deciding to take the June rent out of the security deposit is you acting in "Bad faith" then a $3300 bill could come flying your way.Good luck eitherway you decide to go with it.

This was ~60 days before the lease ended.Steps I had taken after assessing the condo:Hired a cleaning service to clean the condo and return it to the condition I originally handed it to them ($50)Made a good faith estimate on my own of ($125) to repair the floorboard, but an actual estimate came out to $250.

By Faith I said yes, so I we went to chicago and learned all there was to know about franchising .

Unless you have put down a very large good faith deposit (and even then), the buyers obligation to the contract is really hard to enforce.

This was a mom and her adult daughter (plus two teen age girls) who rented my house.Initially they faithfully paid the rent each month; even calling me to come and pick it up (yes; I was so new at the game I was driving over to get the rent). 

When you as a renter give a deposit for a rental unit it serves as a good-faith that you will follow through with your commitment in applying for the home.Imagine if one could apply with out any recourse of losing their deposit money.

Typically that means as long as you make a good faith effort to rent the property we would owe you for any rent due until you do.

There are methods to evaluate the price of an option, all being beyond the scope of small residential operators or owners which is why they get a "break" as to a 10% round number, it's easy to understand, compute and can be agreeable in good faith dealings.

And we believe they WILL pay their rent more faithfully than say, someone working paycheck to paycheck.