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Vacating Premises (Security Deposit Return)

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FLORIDA REAL ESTATE SALES ASSOCIATE COURSE

Chapter 8

Section 38 of 41

Vacating Premises (Security Deposit Return) - The 15 vs. 30 Day Rule. This is a HUGE exam topic. When the tenant moves out, the clock starts ticking for the landlord to return the security deposit.If the tenant didn't break anything and the landlord intends to return the full deposit, the landlord has 15 days to mail the check.If the landlord intends to keep some or all of the deposit (for damages), they have 30 days to send the tenant a written "Notice of Intention to Impose a Claim."After receiving this notice, the tenant has 15 days to object in writing. If they don't object, the landlord keeps the money.
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