Property Management Blog

Fort Lauderdale Landlord Tips: Key Components for Security Deposit Refunds

Web Admin - Wednesday, March 15, 2017

Many times, landlords claim that they want to keep their former tenant’s security deposit to pay for the damages caused by the tenant, and to have more cash available to turn the unit over. However, if you don’t follow the right steps or you keep the security deposit unlawfully, you could have a legal battle, and the landlord security deposit will become quite complicated.

There are a few key steps to follow when you’re planning to keep all or some of a tenant’s security deposit.

Security Deposit Letter

You must include a letter that uses the exact verbiage found in Florida Statute 83.49. This must be included in the letter, and it must be written exactly as the statute reads. This is the law, and you cannot send a partial security deposit back to the tenant without this language.

Communicate the Damages

It’s also important to include an itemized invoice that reflects everything that was charged to the tenant. This way, the tenant can see how much they are paying for each item, and what the claims against the security deposit are. We include pictures as well. If a tenant moves out and the unit is dirty or furniture is left behind and we need to move the furniture, we take pictures of all the items that we are claiming so they can see why we are making those claims.

Follow the Timeframes

The most important step is to be timely. You must mail the security deposit and correspondence within 30 days of a tenant leaving. A lot of landlords fail to pay attention to this deadline, especially if the tenant was evicted. But the security deposit letter is still required, even after an eviction. If you don’t provide the letter within the timeframe, your tenants can take legal action against you. They may have the right to get their deposit back. So, send it within 30 days to the last known address you have for the tenant. Make sure you send it certified mail.

If you have any questions about the steps involved in security deposit returns, or anything pertaining to property management in Fort Lauderdale, please contact us at Gibson Group Management.

Why Work with Gibson Group Management

Web Admin - Wednesday, November 16, 2016

There are many excellent reasons to work with Gibson Group Management, and today we are focusing on five key reasons why hiring us is the best choice when you need Fort Lauderdale property management services.

Licensed and Insured Property Management Professionals

We are fully licensed and insured as property managers. In our market, we have noticed that a lot of people in real estate do property management for their clients. They are not licensed and insured to provide these services or handle the management of your investment. We have an office in Fort Lauderdale, and we are open 5 days a week and available 24/7.

Local Real Estate Market Knowledge

We have been part of the local real estate market for 14 years. We understand real estate sales and how they impact rental properties, and we can also analyze market trends, and local property prices and changes. This local experience helps us to guide our clients through the process of renting or selling units, depending on their investment goals.

Talented and Efficient Staff

We have a team of people ready to take care of your needs and those of your tenants. Our full-time office staff is responsive and available, and we also have an accounting department and a maintenance department. We provide a 24/7 maintenance line that your tenants can use if they have any concerns outside of regular business hours. Those calls are dispatched immediately if it is an emergency.

Online Technology and Communication

Our online system helps everyone to communicate and share information. We provide both tenants and owners with their own portals. Payments and maintenance requests can be made online by tenants, and owners can verify their rental status and look for information on their properties.

Managing Relationships

Lastly, we have extensive experience managing tenants, vendors, code violations, city inspectors, and anything else pertaining to your property. We are experts at the entire process of property management, and it’s our goal to always put our clients’ interests first. That’s our main priority.

If you have any questions about Fort Lauderdale property management, please contact us at Gibson Group Management. We’d be happy to tell you more.

How to Handle Disputes in Your Fort Lauderdale Rental Property – Landlord Tenant Mediation Tips

Web Admin - Thursday, February 18, 2016

Domestic disputes within a building can be problematic for tenants as well as landlords. We occasionally get phone calls from tenants who call to complain about the actions of other residents in a building. It’s easy to immediately side with the story your tenant is telling about another resident. However, don’t believe everything you hear. It’s important to stay neutral to the situation and follow a couple of steps when you are dealing with domestic disputes.

Police Report

When a tenant calls us to report a serious incident with another resident, we tell them to call the local police department about their domestic dispute. This way, the police will gather all the facts and details about what is going on and take any necessary action to keep all tenants and residents safe. The police will also provide a police report to the tenant, and we can get a copy of it.

Lease Violations

Once we have a copy of the police report, we are able to determine if any of the residents of the building have violated the lease. In our experience, the person calling is often the person causing the problems. That’s why you have to stay neutral and resist taking action without having all the facts and information.

If you have any questions about handling these types of situations with tenants, please contact us at Gibson Group Management. We are you’re your local Fort Lauderdale property managers.