Florida Security Deposit Laws

Florida has no statutory cap on security deposits, which means landlords may charge any amount.

Key Rules

Limit
No statutory cap
Return Deadline
15 days (no deductions) or 30 days with deduction notice
Interest Required
Yes — tenant receives at least 75% of the annualized average interest rate on the account, or 5% simple interest per year, whichever the landlord elects
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

Some citations below have not been confirmed against their official source. Confirm current requirements with local legal aid or an attorney.

Applicable Statutes

Fla. Stat. § 83.49

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.

Not confirmed against its source · checked

Legal Aid Resources

Read the Full Security Deposit Laws Guide

Our comprehensive guide covers federal law, common defenses, real-world examples, and what to do if your rights are being violated.

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