FAQ About Security Deposit Regulations
Are there limits on how much a landlord can charge for a security deposit?
Yes. California laws state that a landlord may charge up to the equivalent of two (2) months rent for a security deposit if the rental unit is unfurnished. If the residence is furnished, then the landlord may charge up to the equivalent of three (3) months rent for a security deposit. If the renter has a waterbed, the landlord may charge an extra one-half (1/2) month’s rent.
In California, a landlord cannot charge any non-refundable fees.
When the renter moves out, how long does the landlord have to return the deposit?
In California, the landlord must return the security deposit, with an itemized statement of deductions no more than 21 days after the renter has returned the keys and vacated the property.
What kind of information do landlords have to provide to renters about security deposits?
In addition to the security deposit amount limits, landlords must provide advanced notice when taking deductions from the security deposit for repairs or cleaning.
Where can I find California laws on security deposits?
For additional information about the laws on security deposits, check out California Civil Code §§ 1950.5 and 1940.5 (g). City and county laws may differ slightly from state laws especially if your property is covered by rent control.
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