[RPPTL Leasing Committee] CS/HB 537 Fees in Lieu of Security Deposits

[RPPTL Real Estate Leasing Committee]

Is the intention that this applies to commercial and residential or one or
the other?.  thanks. Arlene

On Fri, Jan 28, 2022 at 1:17 PM RPPTL Real Estate Leasing Committee <
landten at lists.flabarrpptl.org> wrote:

> The worst part is that the Senate version also passed out of its first
> committee.
> This travesty is MOVING! I hope the Landlord Associations wake up and get
> active fast.
>
> Deborah Marks
> 305-372-9400
>
> On Fri, Jan 28, 2022 at 12:48 PM RPPTL Real Estate Leasing Committee <
> landten at lists.flabarrpptl.org> wrote:
>
>> This bill opens the door to predatory unlimited fees that will be
>> retained by the property manager and the property manager can then self
>> insure a sum of money, “deposit”, for the owner.   The FLOIR may have a
>> serious problem with this “insurance” product.
>>
>>
>>
>> I know of property managers right now that are charging the tenant $150 a
>> month (instead of collecting a deposit)  and guaranteeing $1000 to the
>> property owner as a “deposit”.  The property manager pockets the $150 a
>> month in hopes that there will be no damages. This fee is often carried on
>> to renewals of the lease and the tenant keeps paying and paying.
>>
>>
>>
>> The wording in paragraph 6 is strange.  It is assuming multifamily.
>>
>>
>>
>> I’m all for the rights of landlords and property managers to use the
>> products out there like Rhino, Obligo and Leaselock but this bill is wide
>> open for abuse.
>>
>>
>>
>> I attached the Texas law.    This bill is being pushed by one of the
>> providers of security deposit alternatives.
>>
>>
>>
>> Harry Heist
>>
>>
>>
>> *INFO ON CARES COVERED PROPERTY: *  Cares Act 30 Day Requirement
>> <https://evict.com/?page=cares_act_update>
>>
>>
>>
>>
>>
>> *LAW OFFICES OF HEIST, WEISSE & WOLK P.A. 1 800 253 8428 "Serving the
>> Property Management Professional" Website:  **www.evict.com*
>> <http://www.evict.com/>
>> * Email: **harry at evict.com* <harry at evict.com>
>>
>>
>>
>> *From:* landten-bounces at lists.flabarrpptl.org <
>> landten-bounces at lists.flabarrpptl.org> *On Behalf Of *RPPTL Real Estate
>> Leasing Committee
>> *Sent:* Friday, January 28, 2022 12:18 PM
>> *To:* RPPTL Real Estate Leasing Committee <landten at lists.flabarrpptl.org>
>> *Subject:* [RPPTL Leasing Committee] CS/HB 537 Fees in Lieu of Security
>> Deposits
>>
>>
>>
>> Good afternoon everyone and happy Friday!
>>
>>
>>
>> The attached bill was discussed during our weekly Legislative Committee
>> Zoom meeting this morning. It appears that it currently has momentum for
>> passage.   I recall that there was some discussion about this on the
>> listserv and we have been asked whether the RP Leasing Committee would like
>> to pursue technical advice for this bill.  This involves providing an
>> outline written in plain English that identities the issues and proposed
>> solutions. Please let me know if you’re interested in participating in
>> providing this technical advice.  Please note that any memo we draft may be
>> forwarded to our lobbyists and legislative staff or legislators, so keep
>> this in mind if you agree to assist.
>>
>>
>>
>> https://www.flsenate.gov/Session/Bill/2022/537/?Tab=BillText
>>
>>
>>
>> Summary:
>>
>> Fees in Lieu of Security Deposits:  CS/HB 537 by Representative Mooney
>> and CS/SB 884 by Senator Boyd are companion measures that authorized a
>> landlord to offer a tenant option to pay a fee in lieu of a security
>> deposit and provides implementing procedures regarding the options.  CS/HB
>> 537 received 2 committee references and has been amended and approved by
>> the first committee. CS/SB 884 also received 3 committee references and has
>> been amended and approved by the first committee.
>>
>> <https://www.google.com/maps/search/3560+Cardinal+Point+Drive,+Suite+202+%0D%0A+Jacksonville,+FL+32257?entry=gmail&source=g>
>>
>>
>>
>> Thank you!
>>
>>
>>
>> Brenda B. Ezell
>>
>> [image: BCS]
>>
>> 3560 Cardinal Point Drive, Suite 202
>> <https://www.google.com/maps/search/3560+Cardinal+Point+Drive,+Suite+202+%0D%0A+Jacksonville,+FL+32257?entry=gmail&source=g>
>>
>> Jacksonville, FL 32257
>> <https://www.google.com/maps/search/3560+Cardinal+Point+Drive,+Suite+202+%0D%0A+Jacksonville,+FL+32257?entry=gmail&source=g>
>>
>> 904.432.3200 (o)
>>
>> 904-432-3201 (f)
>>
>> www.ezellfirmpa.com
>>
>>
>>
>> *PANDEMIC NOTICE:  All CLIENTS AND GUESTS ARE REQUIRED TO WEAR A FACE
>> COVERING TO ENTER THE OFFICE. ONE CAN BE PROVIDED FOR YOUR CONVENIENCE AND
>> OUR SAFETY. WE APPRECIATE YOUR COOPERATION**.*
>>
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>>
>> _______________________________________________
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>> landten at lists.flabarrpptl.org
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>
> --
> Deborah Marks, PLLC
> 11767 S. Dixie Highway
> Ste 126
> Miami, FL 33156
> 305-372-9400
> deborahmarkslaw at gmail.com
> deborah at deborahmarks.law
> synergy928 at aol.com
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