Miami-Dade Florida Security Deposit Agreement
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FAQ
(a) Upon the vacating of the premises for termination of the lease, if the landlord does not intend to impose a claim on the security deposit, the landlord shall have 15 days to return the security deposit together with interest if otherwise required, or the landlord shall have 30 days to give the tenant written notice
If the landlord fails to give the required notice within the 30-day period, he or she forfeits the right to impose a claim upon the security deposit and may not seek a setoff against the deposit but may file an action for damages after return of the deposit.
In regards to security deposits, the Florida statute requires a landlord to return a tenant's deposit within 15 days after they move out. In addition, the landlord must also include any interest accrued. If there are any deductions, then the Florida landlord must notify the renter within 30 days of their intention.
In Florida, landlords must tell you if they want to keep some or all of your security deposit. If they plan on keeping some or all of it, they have to send you a notice by certified mail within 30 days of you moving out of your rental home at the end of your lease (or they give up the right to keep it).
Your landlord or letting agent can only take money from your deposit if there's a good reason. For example, they can usually take money off if: you owe rent. you've damaged the property - this could be something like a spill on the carpet or a mark on the wall where you've hung a picture.
Rules surrounding returning a deposit If your landlord holds your deposit (so should be protected in the Insured scheme), the landlord should pay your deposit back within 10 days of your request for the deposit to be returned. A tenant cannot request the return of their deposit before the tenancy ends.
After the tenant moves out, the landlord has 15 days to return the tenant's security deposit if there are no claims to be made against it. If the landlord intends to make a claim against the security deposit, the landlord has 30 days to notify the tenant of the claim.
In Florida, landlords have no restrictions on how much they can charge as a security deposit. Generally speaking, however, landlords charge a reasonable amount. A reasonable amount is usually no more than the equivalent of two months' rent. Overcharging will usually result in longer vacancies, which no landlord wants.
