Are there rent control/rent stabilization policies or laws in Florida?
The state of Florida has not established rent control or stabilization practices. May I charge a late rent charge or a returned payment fee? Reasonable cost should always be kept in mind when initiating any charges. Landlords may assess late fees when specified within the lease. If a payment is returned by a financial institution as unpaid, landlords may impose a fee of $25, if the face value does not exceed $50, $30, if the face value exceeds $50 but does not exceed $300, $40, if the face value exceeds $300, or 5% of the face amount of the check, whichever is greater. Fla. Stat. ยง 68.065 What is the maximum amount I can collect as a security deposit? There is no limit on the security deposit charged to the tenant, so long as it is reasonable. Do I need a separate bank account for the security deposit? Landlords must place the security deposit into either a post bond, an interest bearing or non interest bearing account, that does not commingle with any personal funds. Additionally, lan
