Monthly Fees Instead of Security Deposits in Florida

There's exciting news for Florida renters. A new law has been enacted that allows landlords in Florida to offer tenants the option of paying a monthly fee instead of a security deposit. This update aims to alleviate the financial burden of moving into a new apartment, especially in a market with high rental prices. Join me as I explore the pros and cons of this new approach and discuss how it can benefit tenants and landlords. Stay informed and subscribe for more valuable content on real estate matters in Miami, Florida.

Share your thoughts on this change in the comments!

Chapters
0:00 Florida Renters Can Pay Monthly Fee Instead Of Security Deposit
00:42 Supporters of the bill
1:05 Critics of the bill
1:41 My opinion
2:12 What you should know as a tenant
3:18 What you should know as a landlord

Article: https://www.allioo.com/post/florida-governor-ron-desantis-signs-bill-allowing-monthly-fees-in-place-of-security-deposits-for-ren
HB 133 Bill:
https://www.flsenate.gov/Session/Bill/2023/133/BillText/Filed/PDF

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DISCLAIMER❗️
I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be taken as tax, legal, insurance, health & safety, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a Youtube video for entertainment purposes only.

Anthony J. Johnson P.A. is a licensed real estate agent with Voro, Florida, LIC 3370479.