BAKERSFIELD, Calif. (KERO) — July 1st California's assembly bill-12 tenancy: security deposits changes how apartment complexes charge. We talked with someone in Bakersfield struggling to find a decent ...
In the City of Chicago, lessors who demand and accept a security deposit from a lessee in a residential rental agreement have a legal obligation to hold that deposit in an interest yielding savings ...
Rent a Chicago apartment and you used to expect to have to pay a security deposit: an amount, often equivalent to a month’s rent, to be handed over to the landlord as insurance you wouldn’t damage the ...
In recent years, a growing number of landlords have opted to forgo traditional security deposits, a trend driven by evolving tenant expectations and changing legal landscapes. This shift is reshaping ...
The other day, my friend called and asked if I had a blank copy of an apartment lease. He had a new roommate moving in and wanted to protect himself from liability. We got into a conversation and he ...
Landlords across the state can forget squeezing renters with hefty security deposits. A new law by Assemblyman Matt Haney enacted this week limits security deposits to no more than one month’s rent ...
Social media posts on TikTok and Facebook claim that landlords are no longer able to charge new tenants three months’ rent as a security deposit beginning July 1. Landlords often require a security ...
Add Yahoo as a preferred source to see more of our stories on Google. The state has implemented Assembly Bill 12, which limits a security deposit to one month's rent for all but the smallest of ...
When a lease is over, it’s not uncommon for landlords and tenants to dispute the return of the security deposit. Here is an overview of the law in this area. Colorado law requires a landlord: (a) ...