Florida Clause Providing for the Reduction of the Tenant Security Deposit

State:
Multi-State
Control #:
US-OL4A012B
Format:
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Description

This office lease clause states that the amount of the security deposit shall be reduced from 4 months' Base Rent to 3 months' Base Rent provided that certain lease conditions are met by the lessee.

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FAQ

A new amendment to Florida Statutes, which takes effect July 1, 2023, has been signed into law by the State of Florida. Chapter 83.491 provides the right for landlords to offer tenants the option to pay a fee instead of a security deposit. However, there is no obligation for landlords to offer this option to tenants.

Florida Statute §83.682 states that any servicemember may terminate his or her rental agreement by providing the landlord with at least 30 days written notice of termination if: * PCS requiring a move of 35 miles or more away from the rental premises * Discharge or release from federal or state active duty * Member ...

Section 83.20 provides a cause of action for removal of a commercial tenant under the following circumstances:The tenant continues in possession of the premises after expiration of the rental without the permission of the landlord;The tenant holds over without permission after default in the payment of rent provided ...

Florida Landlord Tenant Laws, under Florida Chapter 83, section 49 provides that if a landlord obtains a security deposit from a tenant the landlord is not permitted to ?commingle such moneys with any other funds of the landlord or hypothecate, pledge, or in any other way make use of such moneys until such moneys are ...

Under Section 83.63, Florida Statutes, if the premises are damaged or destroyed other than by the wrongful or negligent acts of the tenant, so that the enjoyment of the premises is substantially impaired, the tenant may terminate the rental agreement and immediately vacate the premises.

83.202 Waiver of right to proceed with eviction claim. ?The landlord's acceptance of the full amount of rent past due, with knowledge of the tenant's breach of the lease by nonpayment, shall be considered a waiver of the landlord's right to proceed with an eviction claim for nonpayment of that rent.

SECTION 83.02. Certain written leases tenancies at will; duration. SECTION 83.03. Termination of tenancy at will; length of notice.

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Florida Clause Providing for the Reduction of the Tenant Security Deposit