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<p class="MsoNormal"><span style="color:#1F497D">It seems like a simple economic offer: if they place a security deposit, they have the benefit of a lower rent. I am not sure that calling it a ‘fee’ is a benefit.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Why not say that Landlord can charge more rent to a tenant who chooses not to put up a security deposit? It is like a higher interest rate for poor credit or a high LTV, or a higher car lease with no money down.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">I almost think the use of the word ‘fee’ is misleading. <o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
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<p class="MsoNormal"><b><span style="font-size:14.0pt;font-family:"Poor Richard",serif;color:#1F497D">David Weisman</span></b><b><span style="font-size:14.0pt;font-family:"Poor Richard",serif;color:#1F497D"><o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#1F497D">Partner<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#1F497D">Board Certified Real Estate Lawyer<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#1F497D">Greenspoon Marder LLP<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#1F497D">200 E. Broward Blvd., Suite 1800<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#1F497D">Fort Lauderdale, FL 33301
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#1F497D">Phone 954-491-1120
<b>Ext. 1015</b><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#1F497D">Direct Phone 954-343-6941<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.5pt;font-family:"Arial",sans-serif;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.5pt;font-family:"Arial",sans-serif;color:#1F497D"><a href="mailto:David.Weisman@gmlaw.com"><span style="color:blue">David.Weisman@gmlaw.com</span></a><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.5pt;font-family:"Arial",sans-serif;color:#1F497D"><a href="http://www.gmlaw.com/"><span style="color:blue">www.GMlaw.com</span></a><o:p></o:p></span></p>
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<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
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<p class="MsoNormal"><b>From:</b> landten-bounces@lists.flabarrpptl.org <landten-bounces@lists.flabarrpptl.org>
<b>On Behalf Of </b>RPPTL Real Estate Leasing Committee<br>
<b>Sent:</b> Friday, January 28, 2022 12:18 PM<br>
<b>To:</b> RPPTL Real Estate Leasing Committee <landten@lists.flabarrpptl.org><br>
<b>Subject:</b> [RPPTL Leasing Committee] CS/HB 537 Fees in Lieu of Security Deposits<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Good afternoon everyone and happy Friday!<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">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.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><a href="https://urldefense.com/v3/__https:/www.flsenate.gov/Session/Bill/2022/537/?Tab=BillText__;!!K7bXOScpug!zvCMA_HkgboOUdFnccD-yvjrmGMovCb8eFnmFu9k3McvJH1R4w4m8OTv93M1vCQKwlQ$">https://www.flsenate.gov/Session/Bill/2022/537/?Tab=BillText
[flsenate.gov]</a><o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Summary: <o:p></o:p></p>
<p class="MsoNormal">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.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Thank you!<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal" style="margin-bottom:6.0pt"><span style="font-family:"Times New Roman",serif;font-variant:small-caps">Brenda B. Ezell<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:6.0pt"><span style="font-size:10.0pt;font-family:"Cambria",serif;color:#1F497D"><img border="0" width="63" height="78" style="width:.6562in;height:.8125in" id="Picture_x0020_6" src="cid:image004.jpg@01D81445.F2988390" alt="BCS"></span><o:p></o:p></p>
<p class="MsoNormal" style="margin-bottom:6.0pt"><span style="color:black"><img border="0" width="127" height="64" style="width:1.3229in;height:.6666in" id="Picture_x0020_7" src="cid:image003.png@01D81445.F2926910"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Cambria Math",serif">3560 Cardinal Point Drive, Suite 202</span><span style="font-family:"Cambria Math",serif"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Cambria Math",serif">Jacksonville, FL 32257</span><span style="font-family:"Cambria Math",serif"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Cambria Math",serif">904.432.3200 (o)</span><span style="font-family:"Cambria Math",serif"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Cambria Math",serif">904-432-3201 (f)</span><span style="font-family:"Cambria Math",serif"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Cambria Math",serif"><a href="https://urldefense.com/v3/__http:/www.ezellfirmpa.com/__;!!K7bXOScpug!zvCMA_HkgboOUdFnccD-yvjrmGMovCb8eFnmFu9k3McvJH1R4w4m8OTv93M1uqqrD7Y$"><span style="color:windowtext">www.ezellfirmpa.com</span>
[ezellfirmpa.com]</a></span><span style="font-family:"Cambria Math",serif"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Cambria Math",serif"><o:p> </o:p></span></p>
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