Starting Monday it will be illegal for Landlords to charge more than one month’s rent for a security deposit
SACRAMENTO, CA - On Monday Assemblymember Matt Haney’s (D - San Francisco) AB 12 banning landlords from charging exorbitant security deposits will go into effect in California. This landmark tenant protection bill stops the practice of California landlords charging two times and (in some cases three times) the monthly rent as a security deposit.