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INTERNAL PROTOTYPE — NOT LEGAL ADVICE — DO NOT SEND

§ 1805

Citation
§ 1805
Parent Document
Action Apartment Ass'n v. Santa Monica Rent Control Board, 114 Cal. Rptr. 2d 412 (2002)
Jurisdiction
California (state)
Effective Date
2002-01-03

Other Sections in This Document (232)

Full Text

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The maximum amount of a security deposit is determined by the amount of the first rent payment; the deposit cannot exceed two months’ rent for an unfurnished unit or three months’ rent for a furnished unit. (Civ. Code, § 1950.5, subd. (c); Santa Monica Rent Bd. Regs., reg. No. 14002(b).) In general, rents increase over time. In contrast, a security deposit is usually paid once and does not increase. (Civ. Code, § 1950.5, subd. (c); Rent Bd. Regs., reg. No. 14002(c).) Thus, even though the first rent payment determines the ceiling on security deposits, rents will increase over time (as will the cost of most goods and services), but the security deposit generally will not change. 2