California Security Deposit Law Change 7/1/24: What You Need To Know
Are California lawmakers are pandering to the tenant community for reduction of move in costs? Traditionally landlords could charge a security deposit of no more than 2 times the rent for an unfinished unit and no more than 3 times the rent for a furnished unit. These amounts served as maximum limits and the market or risk assessment of the tenant would determine the actual security deposit. Read More: https://www.c-p-m.com/californ....ia-security-deposit-