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Forum / State Landlord Tenant Law / Separate escrow account in Florida

Does each property require a separate escrow account or may there be one escrow account holding deposits from several different properties?

Karen W, FL on Thursday, June 25, 2015

RE: Separate escrow account in Florida

I've read that you have to have each on a separate account. I was keeping my last security deposit in the same account my tenants pay rent on, which is apparently a no-no. This time I have open a new account for just the security deposit. I remember reading somewhere that when you have multiple properties you need a separate account for each.

Posted by Luis S, FL on Sunday, June 28, 2015

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