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FL   Security Deposit

Florida security deposit rules

Florida does not cap deposit amounts but imposes strict notice and escrow requirements. Deposits must be held in a separate Florida bank account.

Last reviewed July 2026 · by LeaseRooster Team

How deposits must be held

Florida Statutes § 83.491: separate non-interest-bearing account in a Florida bank

Landlords must hold security deposits in a separate Florida bank account, OR post a surety bond. Within 30 days of receiving the deposit, the tenant must be notified in writing of where the funds are held.

Return timeline

  • If no deductions: 15 days after move-out.
  • If deductions claimed: written notice within 30 days, then 15 days for the tenant to object.
  1. § 83.49 Florida bank escrow + 15/30-day notice