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FL S1698
Bill
AI Summary
- Prohibits landlords in communities designed for adults aged 55 or older from increasing rent more than 12 percent of the initial rental fee over a 5-year period
- Prohibits rent increases from exceeding 55 percent of the average fixed income of renters in the community
- Limits security deposits charged by landlords in 55-plus communities to no more than 1 month's rent
- Amends sections 83.46 and 83.49 of Florida Statutes
- Effective July 1, 2023
Legislative Description
Rent and Security Deposits in Communities for Adults Aged 55 or Older
Last Action
Died in Judiciary
5/5/2023
Full Bill Text
No bill text available