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quaint

(3,608 posts)
Tue Jul 2, 2024, 01:35 PM Jul 2024

Rental security deposits in California cut substantially under new law

OCRegister
Rental security deposit bys in California will be cut substantially under a new law that limits them to one-month’s rent.

The cost to move into a furnished rental in California will be cut in half under Assembly Bill 12, which took effect Monday, July 1. For an unfurnished unit, maximum move-in costs will be a third less.

The one-month limit applies to landlords who own more than two rental properties or more than four units.

For mom-and-pop landlords below that two-property, four-unit threshold, deposits will be limited to two months’ rent unless the new tenant is a military service member. In that case, the one-month limit holds.

Tiny bit of help.
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Rental security deposits in California cut substantially under new law (Original Post) quaint Jul 2024 OP
and what will the bureaucrats do about deadbeats who trash and destroy the property they "occupy" msongs Jul 2024 #1
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