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INTERNAL PROTOTYPE — NOT LEGAL ADVICE — DO NOT SEND

Korens v. R. W. Zukin Corp., 212 Cal. App. 3d 1054 (1989)

Citation
Korens v. R. W. Zukin Corp., 212 Cal. App. 3d 1054 (1989)
Parent Document
Korens v. R. W. Zukin Corp., 212 Cal. App. 3d 1054 (1989)
Jurisdiction
California (state)
Effective Date
1989-08-02

Other Sections in This Document (52)

Full Text

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on a deposit for liquidated damages in the event that the tenant failed to exercise an option to purchase property, because the deposit would have belonged to the defaulting tenant until the date when he failed to exercise his option to purchase.].) None of these cases discusses the payment of interest on security deposits given in connection with the leasing of residential property under the present statutory scheme, which does not require payment of interest on security deposits. In the one case we have found which discusses the issue of tenants’ security deposits under Civil Code section 1950.5, the court rejected the argument that a trust relationship was created. (Federated Mortgage Investors v. American Sav. & Loan Assn.