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Leasing Issues
Security Deposit Renewal for Florida
S
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.
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S
Sunil M
said
over 8 years ago
Thank you
D
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.
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