October 2, 2023

Governor Signs Renter Fee Bill

Gov. Ron DeSantis on Friday signed a heavily debated bill that could lead to landlords collecting monthly fees instead of security deposits from renters.

The bill (HB 133), which lawmakers approved in April, was one of 12 measures that DeSantis signed Friday.

Under the bill, landlords would be able to offer the option of paying monthly fees instead of security deposits, though landlords would not be required to do so.

Renters would decide whether to pay the fees or deposits.

With rental costs soaring across the state, the bill’s supporters said it would provide an option to help renters get into apartments without having to come up with potentially thousands of dollars in upfront money.

But opponents said the fees would not be capped and that renters wouldn’t be able to eventually recoup the money, like they might with security deposits.

Also, after the renters move out, they could be forced to pay to repair damage to apartments, opponents said.

Tags: News Service of Florida

Florida Business News

Florida News Releases

Florida Trend Video Pick

Florida becomes nation's 2nd most-valuable housing market
Florida becomes nation's 2nd most-valuable housing market

Florida gains from housing value growth; State's minimum wage bumps; Workers struggle with high costs; Incoming infrastructure investment funds; NOAA warns about heat.

Video Picks | Viewpoints@FloridaTrend

Ballot Box

Do you believe that home values in Florida have finally peaked?

  • Absolutely!
  • No way!
  • The jury's still out...
  • Other (Let us know in the comment section below)

See Results

Florida Trend Media Company
490 1st Ave S
St Petersburg, FL 33701

© Copyright 2023 Trend Magazines Inc. All rights reserved.