A Florida standard residential lease agreement is a written contract whereby a landlord and tenant document the terms surrounding their rental arrangement, which involves the landlord renting their property in exchange for a fixed monthly cost. Before entering any such lease, landlords often perform background checks on potential renters and verify employment-based income to determine if the individual would be fiscally responsible for each month’s rent. In Florida, a landlord can charge a fee with no maximum cap to the prospective tenant for conducting background checks of any kind. Upon settling all leasing conditions, both parties shall sign and execute the contract. A residential lease in Florida must only last one (1) year — unless the lease is signed under the presence of two witnesses of sound mind.
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