Florida Broker Practice Exam

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Prepare for the Florida Broker Exam. Study with interactive quizzes, flashcards, and multiple choice questions that include hints and explanations. Ace your exam and start your real estate career today!

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How many days does a landlord have to return a security deposit if no claims are made?

10 days
15 days
30 days
60 days

The correct answer is: 15 days

In Florida, a landlord is required to return a tenant's security deposit within 15 days after the tenant has vacated the rental property if there are no claims against the deposit. This timeframe is important because it ensures that tenants receive their funds back in a timely manner, promoting fairness and transparency in landlord-tenant relationships. Should the landlord intend to make any claims on the deposit, they must notify the tenant in writing within a similar timeframe, explaining the reasons for the claim. If no written notice is provided to the tenant within the 15 days, the security deposit must be returned in full. This statutory requirement helps prevent unnecessary delays and encourages landlords to act promptly with regard to their tenant's funds.