slogan
Free Rental Analysis
Call us today! 407.578.6545

Enter your rental property address below to get your free rental analysis.

Property Management Blog

Security Deposit is on ESCROW, but what is that or what it actually means?

Francisco Nieves-Taranto - Monday, July 7, 2025

What Does “Escrow” Really Mean in Property Management?

If you’re a rental property owner in Central Florida, understanding how escrow works—and who holds your money—can make a big difference in protecting your investment. At RentCare Property Management, we don’t just coordinate with escrow agents—we act as the escrow agent for all funds we handle. And we’re regulated to do it right.


A Brief History: Where Did “Escrow” Come From?

The word “escrow” comes from the Old French word escroue, which referred to a scroll or parchment used to document legal agreements. Historically, these documents were held by a neutral party until both sides completed their part of a contract.

Today, escrow still means trust, protection, and neutrality, but instead of scrolls, we’re talking about money—often large sums—held temporarily until conditions are fulfilled.


How Escrow Works at RentCare

In the context of rental property management, escrow refers to funds held in a dedicated account that are not immediately disbursed. These can include:

  • Security deposits

  • Advance rent

  • Owner reserves for maintenance

  • HOA or utility reimbursements

At RentCare Property Management, we maintain regulated escrow accounts and are fully compliant with Florida Statute 83, which governs the handling of tenant and owner funds by property managers.


We are licensed and obligated to:

  • Keep client funds separate from company operating funds

  • Provide accurate accounting and reporting

  • Disburse funds only under specific legal and lease conditions

  • Comply with Florida DBPR (Department of Business & Professional Regulation) audits and trust accounting standards

Learn more about how we protect your funds in our Owner FAQs or visit our How We Work page for an inside look at our processes.


Why Escrow Matters for Owners and Tenants

Escrow isn’t just a technical term. It’s a core part of how we protect your investment and maintain fairness between landlord and tenant.


  • Owners gain peace of mind knowing deposits and reserves are held legally and securely

  • Tenants trust that deposits will be returned fairly and within statutory timelines

  • Everyone benefits from transparent, regulated, and fully auditable financial records

At RentCare, transparency is part of our brand promise. You’ll always know where your funds are, how they’re being used, and when they’re being disbursed.


Bottom Line

Escrow isn’t just about holding money—it’s about building trust, maintaining compliance, and offering peace of mind. When you partner with RentCare Property Management, you’re working with a licensed, experienced team that takes fiduciary responsibility seriously.


Ready to experience peace of mind and profits? Partner with RentCare today.



Areas Served

Have a Question or Need More Information? Contact Us

Stay Connected With Us

Copyright © 25252525 RentCare. All Rights Reserved.
Built by PMW | Privacy Policy | Sitemap

RentCare Property Management
A Division of CT Homes Realty Corporation

13790 Bridgewater Crossings Blvd. #1080
Windermere, FL 34786

p:
f: 407.578.1715

Equal Housing Logo Orlando Regional Realtor Logo Top Property Management in Orlando Realtor MLS Logo NARPM Logo PM 2020 Badge Highly Recommended by Locals On Alignable Hispanic Chamber
EPA Lead safe certified firm Logo
Disclaimer: Neither RentCare Property Management, nor Francisco Nieves-Taranto, nor CT Homes Realty Corp. represent any content on this website, including videos, as legal advice. It is shared as informational only and it is up to the user to use this information responsibly. We recommend the user seek legal advice before relying on any information herein. All content expresses the views of the author as of the date indicated and such views are subject to change without notice. We have no duty or obligation to update the information contained herein. All information is being made available for educational and entertainment purposes only and should not be used for any other purpose. We believe the information contained is reliable, however, we cannot guarantee the accuracy of such information and we have not independently verified the accuracy or completeness of any information given. This information may not be copied or used in whole or in part, in any form without prior written consent.

RentCare Property Management is committed to ensuring that its website is accessible to people with disabilities. All the pages on our website will meet W3C WAI's Web Content Accessibility Guidelines 2.0, Level A conformance. Any issues should be reported to info@rentcare.net. Website Accessibility Policy