Florida Security Deposit Laws
Florida has no statutory cap on security deposits, which means landlords may charge any amount.
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Key Rules
- Limit
- No statutory cap
- Return Deadline
- 15 days (no deductions) or 30 days with deduction notice
- Interest Required
- Yes — if held in interest-bearing account, tenant receives interest minus 75 basis points annually
- Itemization Required
- Yes — landlord must give written notice of intent to impose deductions within 30 days
- Separate Account Required
- Yes — must be held in Florida banking institution separate account or posted as surety bond
Applicable Statutes
Security deposits: no statutory cap on deposit amount. Landlord must hold deposit in a separate account (or post a surety bond) and may not commingle with personal funds. Must return deposit within 15 days if no deductions, or give notice of intent to impose deductions within 30 days.
Legal Aid Resources
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Not Legal Advice. This site provides general educational information only — not legal counsel. Laws vary by location. Consult a qualified attorney for advice on your specific situation.