Start a new topic

Separate escrow account in Florida

Does each property require a separate escrow account or may there be one escrow account holding deposits from several different properties?
1 Comment

I've read that you have to have each on a separate account.  I was keeping my last security deposit in the same account my tenants pay rent on, which is apparently a no-no. This time I have open a new account for just the security deposit. I remember reading somewhere that when you have multiple properties you need a separate account for each.
Login to post a comment