<div dir="ltr"><div dir="ltr"><p class="MsoNormal" style="margin:0in;font-size:12pt;font-family:Calibri,sans-serif">Dear Leasing Committee:</p>
<p class="MsoNormal" style="margin:0in;font-size:12pt;font-family:Calibri,sans-serif"> </p>
<p class="MsoNormal" style="margin:0in;font-size:12pt;font-family:Calibri,sans-serif">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. </p>
<p class="MsoNormal" style="margin:0in;font-size:12pt;font-family:Calibri,sans-serif"> </p>
<p class="MsoNormal" style="margin:0in;font-size:12pt;font-family:Calibri,sans-serif"><u>Bill Summary/Link</u>:</p>
<p class="MsoNormal" style="margin:0in;font-size:12pt;font-family:Calibri,sans-serif"> </p>
<p class="MsoNormal" style="margin:0in;font-size:12pt;font-family:Calibri,sans-serif">“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.” <a href="https://www.flsenate.gov/Session/Bill/2022/537" style="color:rgb(5,99,193)">https://www.flsenate.gov/Session/Bill/2022/537</a></p>
<p class="MsoNormal" style="margin:0in;font-size:12pt;font-family:Calibri,sans-serif"> </p>
<p class="MsoNormal" style="margin:0in;font-size:12pt;font-family:Calibri,sans-serif">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.</p>
<p class="MsoNormal" style="margin:0in;font-size:12pt;font-family:Calibri,sans-serif"> </p>
<p class="MsoNormal" style="margin:0in;font-size:12pt;font-family:Calibri,sans-serif">Thank you</p>
<p class="MsoNormal" style="margin:0in;font-size:12pt;font-family:Calibri,sans-serif"> </p>
<p class="MsoNormal" style="margin:0in;font-size:12pt;font-family:Calibri,sans-serif">- Kristen</p><p class="MsoNormal" style="margin:0in;font-size:12pt;font-family:Calibri,sans-serif"> </p><div><div dir="ltr" class="gmail_signature" data-smartmail="gmail_signature"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div dir="ltr"><div><div dir="ltr"><p style="margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif;background-image:initial;background-position:initial;background-repeat:initial"><span style="font-size:10pt;font-family:Tahoma,sans-serif;color:black">Kristen King Jaiven, Esq.</span><span style="font-size:10pt;font-family:Arial,sans-serif"></span></p><p style="margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif;background-image:initial;background-position:initial;background-repeat:initial"><span style="font-size:10pt;font-family:Tahoma,sans-serif;color:black">General Counsel</span><span style="font-size:10pt;font-family:Arial,sans-serif"></span></p><p style="margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif;background-image:initial;background-position:initial;background-repeat:initial"><span style="font-size:10pt;font-family:Tahoma,sans-serif;color:black">The Signature Real Estate Companies </span><span style="font-size:10pt;font-family:Arial,sans-serif"></span></p><p style="margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif;background-image:initial;background-position:initial;background-repeat:initial"><span style="font-family:Arial,sans-serif;font-size:10pt">Ph: 561.705.0140</span><br></p><p style="margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif;background-image:initial;background-position:initial;background-repeat:initial"><span style="font-size:10pt;font-family:Arial,sans-serif">Direct Line: 561-300-6921</span></p><p style="margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif;background-image:initial;background-position:initial;background-repeat:initial"><span style="font-size:10pt;font-family:Arial,sans-serif">Email: <a href="mailto:Kristen@quadcompanies.com" target="_blank"><span style="color:blue">Kristen@quadcompanies.com</span></a></span></p><p style="margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif;background-image:initial;background-position:initial;background-repeat:initial"><span style="font-size:10pt;font-family:Arial,sans-serif"><span style="color:blue"><a href="http://www.signaturerealestatecompanies.com/" target="_blank">www.SignatureRealEstateCompanies.com</a></span></span></p><p style="margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif;background-image:initial;background-position:initial;background-repeat:initial"><br></p><p style="margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif;background-image:initial;background-position:initial;background-repeat:initial"></p><div style="font-family:tahoma,sans-serif"><a href="http://mysignaturenetwork.com/" style="color:rgb(17,85,204)" target="_blank"><br><img src="http://www.signaturerealestatecompanies.com/sites/signaturerealestatecompanies.com/files/partner_banner.png" alt="Signature Partners"></a></div><div style="font-family:tahoma,sans-serif"><br></div><p style="margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif;background-image:initial;background-position:initial;background-repeat:initial"><br></p></div></div></div></div></div></div></div></div></div></div></div><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Thu, Nov 11, 2021 at 8:37 PM Trey Goldman <<a href="mailto:treyg@floridarealtors.org">treyg@floridarealtors.org</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex">
<div lang="EN-US">
<div class="gmail-m_6869108089724330270WordSection1">
<p class="MsoNormal">Hi Kristen.<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal">Was nice seeing you at the meetings last week. <u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal">Here’s the bill I mentioned - <a href="https://www.flsenate.gov/Session/Bill/2022/537" target="_blank">
https://www.flsenate.gov/Session/Bill/2022/537</a>. The Leasing Committee may totally pass on, and I won’t be offended. Just sharing.<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal"><a href="https://www.ky3.com/prnewswire/2021/10/20/texas-new-security-deposit-law-offers-new-opportunity-apartment-owners-managers-renters/" target="_blank">https://www.ky3.com/prnewswire/2021/10/20/texas-new-security-deposit-law-offers-new-opportunity-apartment-owners-managers-renters/</a>
<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal"><a href="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" target="_blank">LeaseLock</a>
<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal">The language that passed in Texas is very different than language filed in Florida -
<a href="https://capitol.texas.gov/BillLookup/History.aspx?LegSess=87R&Bill=SB1783" target="_blank">
https://capitol.texas.gov/BillLookup/History.aspx?LegSess=87R&Bill=SB1783</a> – but intent is the same.<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal">Let me know if you have any questions.<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal"><b><span style="font-size:10pt;font-family:Arial,sans-serif;color:rgb(114,185,59)">Trey Goldman<br>
</span></b><span style="font-size:10pt;font-family:Arial,sans-serif;color:rgb(121,121,121)"><br>
Legislative Counsel</span><b><span style="font-size:10pt;font-family:Arial,sans-serif;color:rgb(115,186,60)">
</span></b><span style="font-size:10pt;font-family:Arial,sans-serif;color:rgb(121,121,121)">|</span><b><span style="font-size:10pt;font-family:Arial,sans-serif;color:rgb(115,186,60)">
</span></b><b><span style="font-size:10pt;font-family:Arial,sans-serif;color:rgb(114,185,59)">Florida</span></b><b><span style="font-size:10pt;font-family:Arial,sans-serif;color:rgb(70,129,181)">Realtors®<br>
</span></b><span style="font-size:10pt;font-family:Arial,sans-serif;color:rgb(121,121,121)">200 South Monroe Street, Tallahassee, FL 32301<br>
</span><b><span style="font-size:10pt;font-family:Arial,sans-serif;color:rgb(113,184,58)">talk:</span></b><span style="font-size:10pt;font-family:Arial,sans-serif;color:rgb(119,119,119)"> 850.224.1400 x2505<br>
</span><b><span style="font-size:10pt;font-family:Arial,sans-serif;color:rgb(113,184,58)">direct:
</span></b><span style="font-size:10pt;font-family:Arial,sans-serif;color:rgb(119,119,119)">850.521.3277
</span><span style="font-size:12pt;color:rgb(31,73,125)"><u></u><u></u></span></p>
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</span><u><span style="font-size:10pt;font-family:Arial,sans-serif;color:blue"><a href="http://www.floridarealtors.org/" target="_blank"><span style="color:blue">http://www.floridarealtors.org</span></a></span></u><u><span style="font-size:12pt;font-family:Arial,sans-serif;color:blue"><u></u><u></u></span></u></p>
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