Understanding Security Deposits Paid to Condo Associations

UNDERSTANDING SECURITY DEPOSITS PAID TO CONDO ASSOCIATIONS A condo association may require a security deposit from a tenant to protect against damages to the common elements or association property if it is allowed by their declaration, articles, or bylaws. See Fla. Stat. Sec. 718.112 (2)(k). The security deposit cannot exceed one... The post Understanding Security Deposits Paid to Condo Associations appeared first on MIAMI REALTORS®.
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