[RPPTL Leasing Committee] LL/T Legislation - HB 537

[RPPTL Real Estate Leasing Committee]

Dear Leasing Committee:



Trey Goldman from Florida Realtors and the RREIL committee has provided the
information below on HB 537: Fees in Lieu of Security Deposits (filed
11/8/21). Also note the information on a similar law that was passed in
Texas.



*Bill Summary/Link*:



“Fees in Lieu of Security Deposits; Authorizes landlord to offer tenant
option to pay fee in lieu of security deposit; requires landlord to provide
certain written notice to tenant; requires written agreement signed by
landlord, or landlord's agent, & tenant if tenant decides to pay fee in
lieu of security deposit; requires specified disclosure in written
agreement; provides options for paying fee; specifies that fee is not
security deposit; requires landlord to offer option to pay fee in lieu of
security deposit to all new tenants; provides exception.”
https://www.flsenate.gov/Session/Bill/2022/537



I know this will certainly be of interest to the committee. We will monitor
this at the committee level but if anyone is of the opinion we need to do
more than that or would like to provide feedback to Trey, please do voice
your comments.



Thank you



- Kristen



Kristen King Jaiven, Esq.

General Counsel

The Signature Real Estate Companies

Ph: 561.705.0140

Direct Line: 561-300-6921

Email: Kristen at quadcompanies.com

www.SignatureRealEstateCompanies.com
<http://www.signaturerealestatecompanies.com/>



[image: Signature Partners] <http://mysignaturenetwork.com/>



On Thu, Nov 11, 2021 at 8:37 PM Trey Goldman <treyg at floridarealtors.org>
wrote:

> Hi Kristen.
>
>
>
> Was nice seeing you at the meetings last week.
>
>
>
> Here’s the bill I mentioned -
> https://www.flsenate.gov/Session/Bill/2022/537. The Leasing Committee may
> totally pass on, and I won’t be offended. Just sharing.
>
>
>
>
> https://www.ky3.com/prnewswire/2021/10/20/texas-new-security-deposit-law-offers-new-opportunity-apartment-owners-managers-renters/
>
>
>
> LeaseLock
> <https://leaselock.com/?utm_source=google&utm_medium=cpc&utm_campaign=EN_NORAM_US_Brand&utm_content=521967960636&utm_term=leaselock&device=c&gclid=CjwKCAiAm7OMBhAQEiwArvGi3NeTuJgLsLijq_BfPblu9hYNfEckjQPuJgDbvGsya7BgDxahCDnDxRoCYP4QAvD_BwE>
>
>
>
> The language that passed in Texas is very different than language filed in
> Florida -
> https://capitol.texas.gov/BillLookup/History.aspx?LegSess=87R&Bill=SB1783
> – but intent is the same.
>
>
>
> Let me know if you have any questions.
>
>
>
>
> *Trey Goldman *
> Legislative Counsel | *Florida*
> *Realtors® *200 South Monroe Street, Tallahassee, FL 32301
> *talk:* 850.224.1400 x2505
> *direct: *850.521.3277
>
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