<html><body><span style="font-family:Times New Roman; color:#000; font-size:12pt;"><div>Harry,</div><div><br></div><div>I've always taken the position it is an "obvious yes." I don't know of anything in the statute that requires the landlord to retain the deposits in the exact same account or preventing the deposit holder from changing. I believe the intent of the statute is simply to ensure the deposits are properly held in escrow and not commingled.</div><div><br></div><div>In addtion, 83.49(2) says: "<font size="-1" face="Verdana"><span class="SectionBody"><span class="Text Intro Justify">The
landlord shall, in the lease agreement or within 30 days after receipt
of advance rent or a security deposit, give written notice to the tenant
which includes disclosure of the advance rent or security deposit.
Subsequent to providing such written notice, <u><b>if the landlord changes the
manner or location in which he or she is holding the advance rent or
security deposit, he or she must notify the tenant within 30 days after
the change as provided in paragraphs (a)-(d).</b></u> The landlord is not
required to give new or additional notice solely because the depository
has merged with another financial institution, changed its name, or
transferred ownership to a different financial institution."</span></span></font></div><div><br></div><div>I also believe the term "new agent" in the section you cited can also mean the owner. No reason an owner cannot be his or her own agent. I can't imagine a court imposing any liability for an owner receiving (assuming he or she properly places it in an escrow account) for receiving their deposit from a fired property manager.</div><div><br></div><div>That's my two cents, open to other opinions.<br></div><div><br></div><div><span style="font-family: times new roman,times;"><span style="color: #0000ff;"><span style="color: #000000;">Cary</span></span></span></div><div><span style="font-family: times new roman,times;"><span style="color: #0000ff;"><strong>Cary P. Sabol, Esq. J.D. (2001), LLM (2009)</strong></span></span></div><div><span style="font-family: times new roman,times;"><span style="color: #0000ff;"><strong>Law Offices of Cary P. Sabol </strong></span></span></div><div><span style="font-family: times new roman,times;"><span style="color: #0000ff;"><strong>P.O. Box 15981 | West Palm Beach | Florida | 33416 </strong></span></span></div><div><span style="font-family: times new roman,times;"><span style="color: #0000ff;"><strong>Office: (561) 413-4449</strong></span></span></div><div><span style="font-family: times new roman,times;"><span style="color: #0000ff;"><strong>Cell: (561) 281-2744</strong></span></span></div><div><span style="font-family: times new roman,times;"><span style="color: #0000ff;"><strong>Fax: (888) 316-2881</strong></span></span></div><div> </div><div><span style="font-family: times new roman,times;"><span style="color: #0000ff;"><span style="font-size: 10pt;"><strong><span style="color: #ff0000;"><span style="text-decoration: underline;">THIS COMMUNICATION MAY BE AN ATTEMPT TO COLLECT A DEBT AS DEFINED BY FLORIDA AND FEDERAL LAW AND ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.</span></span></strong></span></span></span></div><div><span style="font-family: times new roman,times;"><span style="color: #0000ff;"><strong><span style="color: #999999;">__________________________________________________________________________________________________________________</span></strong></span></span></div><div><span style="font-family: times new roman,times;"><span style="font-size: 8pt;"><span style="color: #000000;"><span style="color: #0000ff;"><span style="text-decoration: underline;">IRS Circular 230 Notice</span>: Pursuant to recently enacted U.S. Treasury Department Regulations, we are now required to advise you that, unless otherwise expressly indicated, any federal tax advice expressed above was neither written nor intended by the sender or this firm to be used and cannot be used by any taxpayer for the purpose of avoiding penalties that may be imposed under U.S. tax law. If any person uses or refers to any such tax advice in promoting, marketing or recommending a partnership or other entity, investment plan or arrangement to any taxpayer, then the advice should be considered to have been written to support the promotion or marketing by a person other than the sender or this firm of that transaction or matter, and such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor. </span></span></span></span></div><div><span style="font-family: times new roman,times;"><span style="font-size: 8pt;"><span style="color: #000000;"><span style="color: #0000ff;"><br></span></span></span></span></div><div><span style="font-family: times new roman,times;"><span style="color: #000000;"><span style="font-size: 8pt;"><span style="color: #0000ff;"><span style="text-decoration: underline;">Confidentiality Notice</span>: This electronic mail transmission is intended for the use of the individual or entity to which it is addressed and may contain confidential information belonging to the sender which is protected by the attorney-client privilege. If you are not the intended recipient, you are hereby notified that any disclosure, copying, distribution, or the taking of any action in reliance on the contents of this information is strictly prohibited. If you have received this transmission in error, please notify the sender immediately by e-mail and delete the original message. Thank you for your cooperation.</span></span><strong> </strong></span></span></div><div><br><br></div>
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-------- Original Message --------<br>
Subject: [RPPTL LandTen] Nagging Question<br>
From: "Harry Heist" <<a href="mailto:harry@evict.com">harry@evict.com</a>><br>
Date: Mon, August 21, 2017 11:25 am<br>
To: "'RPPTL Landlord Tenant Committee'" <<a href="mailto:landten@lists.flabarrpptl.org">landten@lists.flabarrpptl.org</a>><br>
<br>
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</style><div class="WordSection1"><div class="MsoNormal" style="font-size:12pt;"><span style="font-family:"Calibri","sans-serif"">Can a property manager who is fired, transfer the security deposit to the CURRENT OWNER?<o:p></o:p></span></div><div class="MsoNormal" style="font-size:12pt;"><span style="font-family:"Calibri","sans-serif""><o:p> </o:p></span></div><div class="MsoNormal" style="font-size:12pt;"><span style="font-family:"Calibri","sans-serif"">Do you all think that this is just an obvious “Yes”?<o:p></o:p></span></div><div class="MsoNormal" style="font-size:12pt;"><span style="font-family:"Calibri","sans-serif""><o:p> </o:p></span></div><div class="MsoNormal" style="font-size:12pt;"><span style="font-family:"Calibri","sans-serif"">If you carefully look at the law, it is in question. This could just be sloppy drafting of the law.<o:p></o:p></span></div><div class="MsoNormal" style="font-size:12pt;"><span style="font-family:"Calibri","sans-serif""><o:p> </o:p></span></div><div class="MsoNormal" style="font-size:12pt;"><span style="font-family:"Calibri","sans-serif"">The law clearly says “NEW OWNER”, “NEW AGENT” but does NOT address when an owner will be managing.<o:p></o:p></span></div><div class="MsoNormal" style="font-size:12pt;"><span style="font-family:"Calibri","sans-serif""><o:p> </o:p></span></div><div class="MsoNormal" style="font-size:12pt;"><span style="font-family:"Calibri","sans-serif"">This issue come up a LOT and if you ask the tenant for PERMISSION to transfer, MANY do not want to give this permission so the agent who no longer manages is stuck holding the funds.<o:p></o:p></span></div><div class="MsoNormal" style="font-size:12pt;"><span style="font-family:"Calibri","sans-serif""><o:p> </o:p></span></div><div class="MsoNormal" style="font-size:12pt;text-autospace:none"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:black">(7) <b>Upon the sale or transfer of title of the rental property from <u>one owner to another, or upon a change in the designated rental agent,</u> any and all security deposits or advance rents being held for the benefit of the tenants shall be transferred <u>to the new owner or agent,</u> together with any earned interest and with an accurate accounting showing the amounts to be credited to each tenant account</b>. Upon the transfer of such funds and records to the new owner or agent, and upon transmittal of a written receipt therefor, the transferor is free from the obligation imposed in subsection (1) to hold such moneys on behalf of the tenant. There is a rebuttable presumption that any new owner or agent received the security deposit from the previous owner or agent; however, this presumption is limited to 1 month's rent. This subsection does not excuse the landlord or agent for a violation of other provisions of this section while in possession of such deposits. <o:p></o:p></span></div><div class="MsoNormal" style="font-size:12pt;"><span style="font-family:"Calibri","sans-serif""><o:p> </o:p></span></div><div class="MsoNormal" style="font-size:12pt;"><span style="font-family:"Calibri","sans-serif"">Harry<o:p></o:p></span></div><div class="MsoNormal" style="font-size:12pt;"><span style="font-family:"Calibri","sans-serif";color:#1F497D"><o:p> </o:p></span></div><div><div class="MsoNormal" style="font-size:12pt;"><b><span style="font-size:11.0pt;font-family:"Arial","sans-serif";color:#1F497D">LAW OFFICES OF <br>HEIST, WEISSE & WOLK P.A.<br>PH: 1 800 253 8428<br>FAX: 1 800 367 9038<br>"Serving the Property Management Professional"<br>Website: </span></b><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><a target="_blank" href="http://www.evict.com/"><b><span style="font-family:"Arial","sans-serif"">www.evict.com</span></b></a></span><b><span style="font-size:11.0pt;font-family:"Arial","sans-serif";color:#1F497D"> <br>Email: </span></b><span style="font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><a target="_blank" href="mailto:harry@evict.com"><b><span style="font-family:"Arial","sans-serif"">harry@evict.com</span></b></a></span><b><span style="font-size:11.0pt;font-family:"Arial","sans-serif";color:#1F497D"><o:p></o:p></span></b></div><table class="MsoNormalTable" style="width:100.0%;margin-left:6.75pt;margin-right:6.75pt;margin-bottom:7.75pt" width="100%" cellpadding="0" border="0" align="left"><tbody><tr style="height:19.9pt"><td rowspan="2" style="width:16.3%;padding:1.5pt 1.5pt 1.5pt 1.5pt;height:19.9pt" width="16%"><table class="MsoTableGrid" style="width:3.75in;border-collapse:collapse;border:none" width="360" cellspacing="0" cellpadding="0" border="0"><tbody><tr><td style="width:48.3pt;padding:0in 5.4pt 0in 5.4pt" width="64" valign="top"><div class="MsoNormal" style="font-size:12pt;mso-element:frame;mso-element-frame-hspace:9.0pt;mso-element-wrap:around;mso-element-anchor-vertical:paragraph;mso-element-anchor-horizontal:margin;mso-element-top:4.55pt;mso-height-rule:exactly"><span style="font-size:11.0pt;font-family:"Calibri","sans-serif""><a target="_blank" href="https://www.facebook.com/pages/Heist-Weisse-Wolk-PA/343965575625870"><span style="font-size:10.0pt;font-family:Consolas;color:#1F497D;text-decoration:none"><img id="Picture_x0020_1" src="cid:image001.png@01D31A70.21FD63F0" wbeuser="csabol@sabollaw.com" width="37" height="37" border="0"></span></a></span><span style="font-size:10.5pt;font-family:Consolas;color:#1F497D"><o:p></o:p></span></div></td><td style="width:221.7pt;padding:0in 5.4pt 0in 5.4pt" width="296" valign="top"><div class="MsoNormal" style="font-size:12pt;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;mso-element:frame;mso-element-frame-hspace:9.0pt;mso-element-wrap:around;mso-element-anchor-vertical:paragraph;mso-element-anchor-horizontal:margin;mso-element-top:4.55pt;mso-height-rule:exactly"><b><span style="font-size:11.0pt;font-family:"Arial","sans-serif";color:#1F497D"><br></span></b><b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D">Visit us on Facebook</span></b><span style="font-size:10.0pt;font-family:"Calibri","sans-serif";color:#1F497D"><o:p></o:p></span></div></td></tr></tbody></table></td><td style="width:82.74%;padding:1.5pt 1.5pt 1.5pt 1.5pt;height:19.9pt" width="82%" valign="bottom"><div class="MsoNormal" style="font-size:12pt;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;line-height:115%"><span style="font-size:10.0pt;line-height:115%;color:#1F497D"><o:p> </o:p></span></div></td></tr><tr style="height:19.85pt"><td style="width:82.74%;padding:1.5pt 1.5pt 1.5pt 1.5pt;height:19.85pt" width="82%" valign="bottom"><div class="MsoNormal" style="font-size:12pt;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;line-height:115%;mso-element:frame;mso-element-frame-hspace:9.0pt;mso-element-wrap:around;mso-element-anchor-vertical:paragraph;mso-element-anchor-horizontal:margin;mso-element-top:4.55pt;mso-height-rule:exactly"><b><span style="font-family:"Arial","sans-serif";color:#1F497D"><o:p> </o:p></span></b></div></td></tr></tbody></table><div class="MsoNormal" style="font-size:12pt;"><span style="font-size:7.5pt;font-family:"Arial","sans-serif";color:#1F497D">THIS E-MAIL MESSAGE IS CONFIDENTIAL, ATTORNEY-CLIENT PRIVILEGED, AND INTENDED FOR THE PERSONS NAMED ABOVE ONLY. 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