[RPPTL LandTen] Burn off provision

[Anthony J. Horky]

Thank you everyone.  I have been asked to speak on this issue as part of my
presentation on commercial evictions, but from the responses (which I thank
you for) it does not appear to be a related topic.  It seems to be more on
the transaction side of negotiating the terms of a commercial lease.
However, I will be speaking on Security Deposits vs. letters of Credit so
the information you are providing is helpful.   

 

Regards, 

 


 

AJH Logo mark

Anthony J. Horky, Esquire

Anthony J. Horky, P.A.

2255 Glades Road, Suite 324A

Boca Raton, Florida 33431

T: 561.989.3206

F: 561.989.3204                    

www.horkylaw.com

 


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From: landten-bounces at lists.flabarrpptl.org
[mailto:landten-bounces at lists.flabarrpptl.org] On Behalf Of Marc Shuster
Sent: Thursday, April 10, 2014 2:51 PM
To: RPPTL Landlord Tenant Committee
Subject: Re: [RPPTL LandTen] Burn off provision

 

Are you asking for form language or just the concept ? that is, the notion
that as the lease goes on and tenant is in compliance, the security deposit
or a portions thereof begin to come back to tenant so landlord is less
secured (under theory that tenant has proved its reliability)

 

Marc Stephen Shuster

Berger Singerman LLP

1450 Brickell Avenue, Ste 1900, Miami, FL 33131

office: 305-982-4080 | cell: 954-257-9059

 <mailto:mshuster at bergersingerman.com> mshuster at bergersingerman.com 

 

From: landten-bounces at lists.flabarrpptl.org
[mailto:landten-bounces at lists.flabarrpptl.org] On Behalf Of Anthony J. Horky
Sent: Thursday, April 10, 2014 2:34 PM
To: 'RPPTL Landlord Tenant Committee'
Subject: [RPPTL LandTen] Burn off provision

 

Hello Members.  Is anyone familiar with a "security deposit burn-off
provision"?  If so, I'd appreciate it if you could direct me to information
regarding such a provision.  Thank you.  

 

Regards, 

 


 

AJH Logo mark

Anthony J. Horky, Esquire

Anthony J. Horky, P.A.

2255 Glades Road, Suite 324A

Boca Raton, Florida 33431

T: 561.989.3206

F: 561.989.3204                    

www.horkylaw.com

 


This message and the documents attached to it, if any, are intended only for
the use of the addressee and may contain information that is attorney-client
privileged or confidential, and/or may contain attorney work product.  If
you are not the intended recipient, you are hereby notified that any
dissemination of this communication is strictly prohibited. If you have
received this communication in error, please delete all electronic copies of
this message and its attachments, if any, destroy any hard copies you may
have created and notify me immediately at:  <mailto:ahorky at horkylaw.com>
ahorky at horkylaw.com.

-------------------------------------------------------

Tax Advice Disclosure: To ensure compliance with requirements imposed by the
IRS under Circular 230, we inform you that any U.S. federal tax advice
contained in this communication (including any attachments), unless
otherwise specifically stated, was not intended or written to be used, and
cannot be used, for the purpose of (1) avoiding penalties under the Internal
Revenue Code or (2) promoting, marketing or recommending to another party
any matters addressed herein.

 

 

 

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