At the end of the board’s August 8 meeting, the board unanimously revised regulations to align with a new state law, prohibiting landlords from collecting a security deposit “in an amount of excess of a month’s rent.” The California legislature recently revised the state’s civil code on deposits, with AB 12 taking effect on July 1 that limits the amount that a landlord can collect for a deposit to one month’s rent, regardless of if a unit is furnished or not.
Read More: https://smdp.com/2024/08/16/rent-control-board-amends-regulation-on-security-deposits-aligning-with-state-lawmakers/