Showing 1–20 of 130 results
...If any remaining portion of the security is to be returned to multiple adult tenants, the landlord may return the security by either a check by first-class mail, postage prepaid, or an electronic deposit to a bank account or...
(4) To remedy future defaults by the tenant in any obligation under the rental agreement to restore, replace, or return personal property or appurtenances, exclusive of ordinary wear and tear, if the security deposit is authorized to be applied thereto...
(3) Notwithstanding this subdivision, if, upon inquiry and reasonable investigation, a landlord’s successor in interest has a good faith belief that the lawfully remaining security deposit is transferred to the successor in interest or returned to the tenant pursuant...
...after the possession of the unit is returned to the landlord, but prior to any repairs or cleanings for which the landlord will make a deduction from or claim against the security deposit pursuant to this section, and shall also...
] If Landlord transfers its interest in the Premises, Landlord may assign the Security Deposit to the transferee and, following the assignment, Landlord shall have no further liability for the return of the Security Deposit. Landlord shall not be required to...
and to whom Defendants did not return more than $125 of the security deposit within 21
premiums, and a class of former tenants sued for return of those premiums on the ground that they were security deposits within the meaning of section 1950.5. Under section 1950.5 the landlord was required, within three weeks of...
return all of the tenant’s security deposit even though the CAM charges are still owing.
We note in passing Korens stated in her declaration opposing summary judgment that, quite apart from the matter of interest on the security deposit, the security deposit itself had not been returned to her. However, each cause of action of...
...In the words of the majority, section 1950.5(f) “was enacted to ensure the speedy return of security deposits on the termination of tenancy and to prevent the improper retention of such deposits.” (Maj. opn., ante, at p. 746...
...In the words of the majority, section 1950.5(f) "was enacted to ensure the speedy return of security deposits on the termination of tenancy and to prevent the improper retention of such deposits." (Maj. opn., ante, at p. 746...
...Code, § 1950.5, subd. (f).) As a result, landlords must keep security deposit funds relatively liquid in order to return security deposits, in whole or in part, on short notice. Yet, the Board insists that landlords pay interest on security...
...security received and the disposition of the security and shall return any remaining portion of the security to the tenant.” From the plain language of the statute we conclude that a landlord (1) must return a tenant’s security deposit...
canceled the $178.69 bill and returned the Rudolphs’ security deposit to them.
...Appellants argue that landlords were in reality forced to use those types of accounts, because only short-term, liquid investments permitted them to meet their statutory obligation to return security deposits within three weeks after the tenancy is terminated and...
...disposition of the security and shall return any remaining portion of the security to the tenant." (3) From the plain language of the statute we conclude that a landlord (1) must return a tenant's security deposit within the *745...
...Instead, it elected under section 1951.2 to terminate the lease and PhotoPoint’s right of possession thereunder, and thereby triggered the duty to return the security deposit as provided in section 1950.7. Since the lease provided a way...
In 250’s view, the deadline for return of a security deposit under section 1950.7 only limits the time within which a landlord exercising its *712
...967, 972.) And, as previously explained, while “fair return” is the guiding principle in setting rents under the NOI formula, it is not relevant in setting a rate of return on security deposits. (See pts. II.A.-C., D.2...
...of California [s]tate law [requiring prompt return of the deposit to a vacating tenant], effectively limit a prudent small property owner’s options for investing residential rental security deposits to deposit accounts and money market funds whose proceeds generally...