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Do landlords pay interest on security deposit

Attorney General Bonta Issues Consumer Alerts, Guidance to Protect California Tenants and Remind Property Managers and Landlords of their Legal Obligations

Tuesday, February 6, 2024 Contact: (916) 210-6000, [email protected] Includes new information calculating allowable rent increases under TPA SAN FRANCISCO – California Attorney General Rob Bonta today issued five consumer alerts advising California tenants of their rights and protections under state law, and alerting property managers and landlords of their obligations to tenants. The consumer alerts cover […]

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House  with "For Rent" sign in front

Let’s Talk Security Deposits

Security Deposits Are Misunderstood  The maximum amount a Landlord can receive as a security deposit, however designated, cannot exceed two months’ rent for unfurnished units or three months’ rent for furnished units. If the money will be placed in your regular account instead of a trust fund this might be required to be mentioned. You […]

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When Can You Break A Lease In California?

Acceptable Reasons This is not something for you to try without talking to a professional but, (these statements come from Chris Barta, JD. Mitchell Hamline Scholl of Law, writing for NOLO): You are starting active military duty.The rental unit is unsafe or violates health or safety codes.Your Landlord harasses you or violates your privacy rights.If […]

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close-up of the LOI contract document and pen

Letter of Intent

Efficient Negotiations This is a favorite form of mine. When I bought or sold apartment houses, I used it all the time. It saves a lot of time and time is money. Instead of writing up a complete binding offer, you would write up a simple form that explains the conditions under which a buyer […]

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