For decades, landlords have used security deposits to help protect against damage and unpaid rent. But recently, a new option has gained popularity: the Fee in Lieu of Security Deposit (FILSD). This approach reduces upfront costs for tenants while still giving...
Florida landlords must strictly comply with the procedures outlined in Florida Statutes §83.49 and §83.491 when handling residential security deposits or their alternatives. Failure to do so can result in the complete forfeiture of the deposit claim and the imposition...