SECURITY DEPOSIT AND ADVANCE RENT. PLEASE NOTE: FLORIDA STATUE 83.49 REQUIRES THE OWNER/LANDLORD TO HOLD THE SECURITY DEPOSIT IN A FLORIDA BANKING INSTITUTION. OWNER ACKNOWLEDGES RECEIPT OF FLORIDA STATUE 83.49 RELATED TO SECURITY DEPOSITS (pg. 15 & 16 of this agreement). IT IS RECOMMENDED THAT OWNERS PERUSE A COMPLETE COPY OF THE FLORIDA LANDLORD AND TENANT ACT (FLORIDA STATUTE 83, PART 11) WHICH HAS TO DO WITH FLORIDA LAW AS IT PERTAINS TO RESIDENTIAL TENANCIES. All security deposits and advance rent must be held in a Florida banking institution and in accordance with Chapter 83, Florida Statutes. Owner shall have full responsibility to collect rents and deposits, to hold funds received on behalf of tenant as required by Chapter 83.49, Florida Statutes, and to disburse the security deposit to the tenant in accordance with Florida Law. Owner shall indemnify Broker in the event Tenant sues Brokers over a dispute concerning Owner’s disposition of the security deposit or advance rent. The security deposit collected from the Tenant may be made payable to and turned over to the Owner, thereby, releasing the Broker from all liability for the return of security deposit upon termination of the lease. Owner agrees that all responsibilities of the Broker shall end with the execution of the lease. The owner hereby indemnifies and holds harmless the Broker from any claims or costs incurred by the Broker in defending against any claims arising from the security deposit. The suggested amount of security deposit will be 120% of one month’s rent, unless negative findings are discovered during the credit or background check. If the Owner resides out of the State of Florida, the security deposit will be transferred to the Owner’s financial institution within the State of Florida only. Owner shall provide Broker with all Florida banking information to facilitate transfer of security deposit. Owner acknowledges that Broker is not a property manager for the premises described herein, and Broker’s sole responsibility is to secure a tenant acceptable to Owner. Upon acceptance and execution of lease agreement, Broker shall be relieved of all further responsibilities and obligations, except to remit to Owner the sums specified.
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Samples: Lease Agreement
SECURITY DEPOSIT AND ADVANCE RENT. PLEASE NOTEXxxxxx agrees to pay Landlord: FLORIDA STATUE 83.49 REQUIRES THE OWNER/LANDLORD TO HOLD THE SECURITY DEPOSIT IN A FLORIDA BANKING INSTITUTION. OWNER ACKNOWLEDGES RECEIPT OF FLORIDA STATUE 83.49 RELATED TO SECURITY DEPOSITS (pg. 15 & 16 <<One-time Charges>> The sum of the Security Deposit Charges of <<Security Deposit Charges>> will be held as a security deposit for faithful performance by Tenant of all terms, covenants, and conditions of this agreementlease. The deposit may be applied by the Landlord for any monies owed by Tenant under the lease or Florida law, physical damages to the premises, costs, and attorney's fees associated with Xxxxxx's failure to satisfy the full terms and conditions of the lease. Tenant cannot dictate that this deposit be used for any rent due. If tenant breaches the lease by abandoning, surrendering or being evicted from the rental premises prior to the lease expiration date (or the expiration of any extension thereof), the deposit will be forfeited as special liquidated damages to off-set the costs of re-letting the rental premises. IT IS RECOMMENDED THAT OWNERS PERUSE A COMPLETE COPY OF THE FLORIDA LANDLORD AND TENANT ACT Tenant will still be responsible for unpaid rent, physical damages, future rent due, attorney's fees, costs and any other amounts due under the terms of the tenancy or Florida law. The security (FLORIDA STATUTE 83, PART 11) WHICH HAS TO DO WITH FLORIDA LAW AS IT PERTAINS TO RESIDENTIAL TENANCIES. All security deposits and advance rent must rent, if applicable) will be held in the following manner: Deposited in a Florida banking institution and in accordance separate non-interest bearing account with Chapter 83SunTrust Bank, Florida StatutesN.A. 000 X. Xxxxxx Xxxxxx, Xxxxxxx, XX 00000. Owner Unless premises are vacated or abandoned by Tenant prior to expiration of the Term of this Agreement, within fifteen (15) days following the termination of the Rental Agreement, Landlord shall have full responsibility to collect rents and deposits, to hold funds received on behalf of tenant as required by Chapter 83.49, Florida Statutes, and to disburse return the security deposit to the tenant Tenant. However, if Xxxxxxxx intends to impose a claim on the deposit monies, Landlord will have thirty (30) days to give Tenant notice by certified mail to a forwarding address furnished by Xxxxxx in accordance with Florida Lawwriting or if none given, to the last known mailing address of Tenant, of Xxxxxxxx's intention to impose a claim on the deposit monies and the reason for the claim. Owner shall indemnify Broker in Unless Tenant objects to the event Tenant sues Brokers over a dispute concerning Owner’s disposition imposition of Landlord's claim, or the amount thereof, within fifteen (15) days after receipt of Landlord's notice, Landlord may then deduct the amount of the security claim and remit any balance of the deposit or advance rentmonies to Tenant within thirty (30) days after the date of the Landlord's initial notice. The security deposit collected from the Tenant may Said remittance will be made payable to all of the persons signing this Agreement, and turned over mailed to the Ownersame address to which Xxxxxxxx's initial notice was sent. Security deposit refunds, therebyif any, releasing shall be made out in the Broker from names of all liability for the return of security deposit upon termination of the lease. Owner agrees that all responsibilities of the Broker shall end with the execution of the lease. The owner hereby indemnifies and holds harmless the Broker from any claims or costs incurred by the Broker Tenants in defending against any claims arising one check, and, may not be picked up in person from the security deposit. The suggested amount of security deposit will be 120% of one month’s rent, unless negative findings are discovered during the credit or background check. If the Owner resides out of the State of Florida, the security deposit will be transferred to the Owner’s financial institution within the State of Florida only. Owner shall provide Broker with all Florida banking information to facilitate transfer of security deposit. Owner acknowledges that Broker is not a property manager for the premises described herein, and Broker’s sole responsibility is to secure a tenant acceptable to Owner. Upon acceptance and execution of lease agreement, Broker shall be relieved of all further responsibilities and obligations, except to remit to Owner the sums specifiedLandlord.
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Samples: irp-cdn.multiscreensite.com
SECURITY DEPOSIT AND ADVANCE RENT. PLEASE NOTE: FLORIDA STATUE 83.49 REQUIRES THE OWNER/LANDLORD TO HOLD THE SECURITY DEPOSIT IN A FLORIDA BANKING INSTITUTION. OWNER ACKNOWLEDGES RECEIPT OF FLORIDA STATUE 83.49 RELATED TO SECURITY DEPOSITS (pg. 15 & 16 The LESSEE shall pay the LESSOR a Security Deposit, as described in the Basic Lease Provisions, to serve as security for the full and faithful compliance of each and every term, provision, covenant, and condition of this agreement). IT IS RECOMMENDED THAT OWNERS PERUSE A COMPLETE COPY OF THE FLORIDA LANDLORD AND TENANT ACT (FLORIDA STATUTE 83lease as well as LESSEE’s monetary obligations for unpaid rent and utilities and other dues, PART 11) WHICH HAS TO DO WITH FLORIDA LAW AS IT PERTAINS TO RESIDENTIAL TENANCIES. All security deposits fees and advance rent must be held in a Florida banking institution and in accordance with Chapter 83, Florida Statutes. Owner shall have full responsibility to collect rents and deposits, to hold funds received on behalf of tenant as required by Chapter 83.49, Florida Statutescharges after termination or abandonment, and for the condition of the leased premises. The LESSOR shall not be required to disburse keep the security deposit Security Deposit from its general funds and the LESSEE shall not be entitled to interest on such deposit. The Security Deposit shall remain intact during the entire term of this lease and the LESSEE cannot demand that it be applied as payment for any of its monetary obligations under this Contract except as the settlement of all charges related to the tenant in accordance with Florida Law. Owner shall indemnify Broker in leased premises at the event Tenant sues Brokers over a dispute concerning Owner’s disposition of the security deposit or advance rent. The security deposit collected from the Tenant may be made payable to and turned over to the Owner, thereby, releasing the Broker from all liability for the return of security deposit upon termination end of the lease. Owner agrees that all responsibilities In the event the LESSEE satisfies the LESSOR of its full and faithful performance and compliance with the provisions of this lease as well as its monetary obligations for unpaid rent and utilities and other dues, fees and charges and for the condition of the Broker leased premises, the Security Deposit shall end with be refunded to the execution LESSEE not later than sixty (60) days after the termination or expiration of the leaselease term. The owner hereby indemnifies LESSEE shall completely and holds harmless satisfactorily vacate, deliver, and surrender the Broker from leased premises in as good condition as it was prior to the lease except for depreciation due to ordinary wear and tear, to the LESSOR. Requirements for LESSOR’s retaining any claims or costs incurred of the Security Deposit are provided in the 3rd paragraph of Section IV of the Basic Lease Provisions. The Security Deposit and any unused Advanced Rent shall be returned by the Broker in defending against any claims arising LESSOR to the LESSEE not later than sixty (60) days from the security deposittermination of this Contract. The suggested LESSEE’s liability for any breach of this Contract or for any obligation for the leased premises shall not be limited to the amount of security deposit will be 120% of one month’s rent, unless negative findings are discovered during the credit or background checksaid Security Deposit. If the Owner resides out of the State of FloridaIn addition, the security deposit will LESSEE shall pay the LESSOR an Advance Rent as described in the Basic Lease Provisions. The said amount shall be transferred applied to the Owner’s financial institution within the State of Florida only. Owner shall provide Broker with all Florida banking information to facilitate transfer of security deposit. Owner acknowledges that Broker is not a property manager rent for the premises described herein, and Broker’s sole responsibility first number of months to which it corresponds or is to secure a tenant acceptable to Owner. Upon acceptance and execution of lease agreement, Broker shall be relieved of all further responsibilities and obligations, except to remit to Owner the sums specifiedequivalent.”
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SECURITY DEPOSIT AND ADVANCE RENT. PLEASE NOTE: FLORIDA STATUE 83.49 REQUIRES THE OWNER/LANDLORD TO HOLD THE SECURITY DEPOSIT IN A FLORIDA BANKING INSTITUTION. OWNER ACKNOWLEDGES RECEIPT OF FLORIDA STATUE 83.49 RELATED TO SECURITY DEPOSITS (pg. 15 & 16 Upon execution of this agreement). IT IS RECOMMENDED THAT OWNERS PERUSE A COMPLETE COPY OF THE FLORIDA LANDLORD AND TENANT ACT (FLORIDA STATUTE 83Contract, PART 11) WHICH HAS TO DO WITH FLORIDA LAW AS IT PERTAINS TO RESIDENTIAL TENANCIES. All security deposits and advance rent must be held the LESSEE shall pay the LESSOR a Security Deposit, the amount of which is stated in a Florida banking institution and in accordance with Chapter 83, Florida Statutes. Owner shall have full responsibility to collect rents and depositsSection IV of the Basic Lease Provisions, to hold funds received on behalf serve as security for the full and faithful compliance of tenant as required by Chapter 83.49each and every term, Florida Statutesprovision, covenant, and condition of this lease. The LESSOR shall not be required to disburse keep the security deposit Security Deposit from its general funds and the LESSEE shall not be entitled to interest on such deposit. The Security Deposit shall remain intact during the entire term of this lease and the LESSEE cannot demand that it be applied as payment for any of its monetary obligations under this Contract. In the event the LESSEE satisfies the LESSOR of its full and faithful performance and compliance with every provision of this lease, the Security Deposit shall be refunded to the tenant LESSEE not later than sixty (60) days after the expiration of the lease term. The LESSEE shall likewise satisfy any and all monetary obligations to the LESSOR, and shall completely and satisfactorily vacate, deliver, and surrender the leased premises in accordance with Florida Lawas good condition as it was prior to the lease except for depreciation due to ordinary wear and tear, to the LESSOR. Owner shall indemnify Broker Subject to the provisions of this Contract, in the event Tenant sues Brokers over a dispute concerning Owner’s disposition the LESSEE terminates this Contract before the expiry date for whatever reason, the Security Deposit, shall be automatically forfeited in favor of the security deposit or advance rent. The security deposit collected from the Tenant may be made payable LESSOR, to and turned over to the Owner, thereby, releasing the Broker from all liability for the return of security deposit upon termination of the lease. Owner agrees that all responsibilities of the Broker shall end with the execution of the lease. The owner hereby indemnifies and holds harmless the Broker from any claims or costs cover expenses incurred by the Broker in defending against any claims LESSOR arising from this lease arrangement, such as commissions paid to brokers, documentation expenses, etc., except when such termination is by reason of any civil or political disturbances and/or uprising, act of war, state of national emergency declared by STANDARD GTC – CYBERGATE (OFFICE) the security depositproper government body, or any other circumstances beyond the control of the LESSEE and/or its assignee. In which case, the Security Deposit or the unused Advanced Rent shall be returned by the LESSOR to the LESSEE not later than sixty (60) days from the termination of this Contract. The suggested LESSEE’s liability for any breach of this Contract or for any obligation for the leased premises shall not be limited to the amount of security deposit will be 120% the said Security Deposit. In addition, the LESSEE shall pay the LESSOR an Advance Rent, the amount of one month’s rent, unless negative findings are discovered during the credit or background check. If the Owner resides out which is stated in Section V of the State of Florida, the security deposit will Basic Lease Provisions. The said amount shall be transferred applied to the Owner’s financial institution within the State of Florida only. Owner shall provide Broker with all Florida banking information to facilitate transfer of security deposit. Owner acknowledges that Broker is not a property manager rent for the premises described hereinlast number of months to which it corresponds or is equivalent. In the event of pre-termination of this Contract before the lease term expires, and Broker’s sole responsibility is to secure a tenant acceptable to Owner. Upon acceptance and execution any unused Advance Rent shall likewise be forfeited in favor of lease agreement, Broker shall be relieved of all further responsibilities and obligations, except to remit to Owner the sums specifiedLESSOR.
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