Security Deposit Renewal for Florida : ezLandlordForms

Start a new topic

Security Deposit Renewal for Florida

Sunil M

started a topic over 8 years ago

Good day Currently I am in the process of renewing a lease to my current tenant using ezlandlord forms. My current lease was done via Remax and the contract requires a new lease be constructed for renewals. I am currently holding the security deposit for the current lease which is ending soon. Since it is the same tenant but a new lease being used, can I retain the current security deposit and use it for the new lease. If so, what should I state in writing (wording etc.) If am unable to do this, what do you recommend.

2 Comments

Sunil M

said over 8 years ago

Thank you

David C

said over 8 years ago

Yes, it seems that you should be able to as long as it is stated that it is a renewal of the existing lease and that the security deposit in the amount of $_______ dollar will be returned to the tenant upon the termination or expiration of this leasing period, provided it it not renewed. Make sure that you retain a copy of the old lease as well as the lease renewal form. I have been using this site for quite some time now and once you make forms it is great that you can just dump information from one form to another.