Managing Attorney Fausto A. Rosales was quoted in an article from Good Call, a data analytics firm that educates consumers on best practices to find the right home. Mr. Rosales provided his insight on what renters should consider before entering into a lease agreement.
Managing Attorney Fausto A. Rosales, Esq. was quoted in an article from Discover Financial, addressing the concerns a parent may have when their children default on a student loan they cosigned.
As a Landlord, if you plan to retain a portion or all of your tenant’s security deposit, there are certain steps that Florida Statute §83.49 requires you to follow before keeping the security deposit. If you fail to follow these steps, you may be required to return the security deposit back to the Tenant, regardless if there was damage caused to the property or not. Also, if your tenant hired an attorney to recover the security deposit, you may also be exposed to paying their legal fees. It is because of that exposure that it is likely a good idea to speak to an attorney before you impose a claim on your tenant’s security deposit.