Unit 7.

Question 1

Prohibited Activities
“Steering”
“Blockbusting”

Answer 1

Steering is channeling homeseekers to or away from particular neighborhoods because they are members of a protected class.
Blockbusting is using the entry or rumor of the entry of a protected class into a neighborhood to persuade others to sell.

Question 2

Florida Residential Landlord and Tenant Act
Deposits and Advance Rents

Answer 2

The landlord must post a surety bond with the clerk of the circuit court in the county in which the rental property is located in the total amount of the security deposits and advance rents. Or fifty thousand dollars ($50,000), whichever is less. The landlord.
Must pay the tenant interest on the security deposit or advanced rent held on behalf of the tenant @ 5% per year simple interest. Landlords who choose this method are not obligated to place the funds (deposits) into a separate account.

Question 3

Selling Tenant-Occupied Homes

Answer 3

Florida Residential Landlord and Tenant Act requires that when a rental property is sold or in the event of a change in the designated rental agent who is holding deposits and advance rent, the tenants’ funds must be transferred to the new owner or rental agent, together with any earned interest and a final accounting showing the amounts to be credited to each tenant’s account.

Question 4

Vacating Premises

Answer 4

1) The landlord has 15 days to return the security deposit, and any accrued interest, if applicable, provided the landlord does not intend to make a claim on the security deposit.
2) The landlord has thirty days to notify the tenant of intentions to impose a claim on the deposit.