News: security deposits
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The law which governs security deposits in residential rental housing can be strict, but it’s not always clear how to comply.
Because security deposits are a major source of confusion and conflict, CAA is offering this Q&A-style webinar in which real questions asked by rental housing owners and managers about security deposits and the walk-through process are presented and answered by CAA staff attorneys.
*Includes new law, effective 1/1/20 limiting security deposits for members of the military.
Speakers:
Heidi Palutke, Senior Vice President, Compliance and Education, California Apartment Association
Heidi Palutke holds principal responsibility for CAA’s compliance and education programs,… Read More
Tagged: Security Deposits
A bill that would have allowed tenants to pay their security deposit over six months died on the Assembly floor this week.
To move forward this year, AB 3260 by Assemblywoman Buffy Wicks, D-Oakland, needed to win approval this week on the Assembly floor. At the urging of the California Apartment Association, lawmakers declined to take up the bill for a vote.
Tagged: LegislationSecurity Deposits
The California Apartment Association is urging lawmakers to reject a bill that would prohibit landlords from demanding that tenants provide their security deposit in a single, upfront payment.
The proposal, AB 3260 by Assemblywoman Buffy Wicks, D-Oakland, is now on the Assembly floor, having passed out of the Judiciary Committee last month.
Tagged: LegislationSecurity Deposits
A bill that moved out of the Assembly Judiciary Committee this week would prohibit landlords from demanding security deposits in a single, upfront payment.
AB 3260 by Assemblywoman Buffy Wicks, D-Oakland, would require property owners to allow a new tenant to pay a security deposit over a six‐month period or to obtain a security deposit insurance policy to cover damages they cause at the property.
Assemblywoman Buffy Wicks
The California Apartment Association has objected to this mandate.
Tagged: News
Gov. Gavin Newsom this week signed a statewide cap on rent increases, a mandatory Section 8 bill, and several other pieces of legislation that will change the way California’s rental housing industry does business in 2020.
Here are summaries of five game-changing bills signed by Newsom this week:
Statewide rent cap:AB 1482 by Assemblyman David Chiu, D-San Francisco, will place an annual 5% plus CPI cap on rent increases and create new standards for evictions across California. The signing of AB 1482, officially the Tenant Protection Act of 2019, marks the most significant policy change for California’s rental housing owners… Read More
Tagged: Legislative SummaryNews
A bill taking effect Jan. 1 lowers the amount California landlords can collect for security deposits from members of the U.S. military.
Under SB 644 by Sen. Steve Glazer, D-Orinda, security deposits for active military are limited to one months’ rent for unfurnished units and two months’ rent for furnished ones.
Tagged: LegislationSecurity Deposits
The law which governs security deposits in residential rental housing can be strict, but it’s not always clear how to comply.
Because security deposits are a major source of confusion and conflict, and CAA is offering this unique Q&A-style webinar (previously recorded) in which real questions asked by rental housing owners and managers about security deposits and the walk-through process are presented and answered by a property management professional and an experienced landlord-tenant attorney.
Speakers:
Jessica S. Weisman, Managing Partner of Client Education with Kimball, Tirey & St. John
Jessica Weisman is the Managing Partner of Client Education at Kimball,… Read More
Tagged: Security Deposits