Iryna W, Real Estate Pro in Salisbury, NC

how many escrow accounts should I open if I will rent my home in Florida to unmarried couple?

Asked by Iryna W, Salisbury, NC Sat Oct 12, 2013

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Hello Iryna,

First, it is advised that you consult a lawyer if you are seeking information that you can or would act upon.

In terms of renting, the owner is required to keep the security deposit for a rental in a Florida bank account (interest or non-interest account) or a surety bond with the Clerk of Court for the county in which the property resides. If you do the interest-baring account, you want to have an agreement with the tenant about the interest.…

Good luck!
0 votes Thank Flag Link Sun Oct 13, 2013
Escrow accounts for what?
0 votes Thank Flag Link Sun Oct 13, 2013
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