Florida Security Deposit Laws

Florida Security Deposit Laws

Most landlords in Florida charge a security deposit when renting out a property. And rightfully so as it helps provide for a financial cushion against negligent actions by tenants. In addition, it also incentivizes residents to care for their unit in order to get a full refund of their security deposit. Requiring security deposits in Florida does, however, come with a slew of responsibilities for a landlord. Among other things, there are rules on how the landlord can store it, how the landlord can use it, and when the landlord should return the…

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Florida Rental Laws - An Overview of Landlord Tenant Rights in Daytona Beach

Florida Rental Laws - An Overview of Landlord Tenant Rights in Daytona Beach

Landlords in Florida have certain legal obligations they must adhere to under federal laws. Whether you’re just getting started or are looking to learn more, here’s an overview of the Florida Landlord-Tenant laws. Required Landlord Disclosures Under Florida Law When renting out a property in Florida, there are certain disclosures that you must make to your renter before they can sign the lease or rental agreement. The disclosures are as follows: Landlord’s Identity A Florida landlord must advise their renter of their identity or the identity of…

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What Landlords Should Know About Move-Out Letters

What Landlords Should Know About Move-Out Letters

As a landlord, you have the right to renew or not renew a tenant’s lease for another term. If you’ve had a good relationship with a tenant, then it’s a no-brainer to renew it. However, if your relationship with them has been a challenge, then you may want to end things for the sake of your peace and bottom line. But before you can end things, there are certain things that you must do to protect yourself and your investment. One of these things is sending the tenant a move-out letter. Just like the lease, it’ll help you outline your expectation…

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Important Factors for Real Estate Investing

Important Factors for Real Estate Investing

Real estate investing can, without a doubt, be a lucrative venture. While location is an incredibly important factor to consider for real estate investing, there are other factors to consider as well. In today’s article, we’ll look at some of the most important factors any investor should be looking at before getting their feet wet. Location This cannot be emphasized enough! Location remains a top factor for real estate investing. You want to buy a property in the right location to maximize your return on investment as quickly as possible. Th…

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The Importance of Regular Property Inspections

The Importance of Regular Property Inspections

Owning a rental property can be an incredibly rewarding venture, providing you with a passive source of income and long-term wealth growth. However, the return on your investment can be affected by signs of damage and deterioration caused by everyday living. Luckily, you can mitigate these risks by conducting regular property inspections. If you don’t know how to properly inspect a property, don’t worry! The experts at Sun-Pro Realty and Management have your back! In this guide, we’ll go over everything you should know about property inspectio…

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