Q&A of the Day – Paying a Fee vs. Security Deposit When Renting in Florida

On balance there appears to be a bit of an information disconnect about this recently enacted state law. In 2023, prior to the passage of the legislation, 51% of Florida’s renters surveyed said they would opt for a reasonable non-refundable fee given the opportunity as 72% of renters said they struggled to come up with the needed money for first, last and a security deposit.