Real Estate/Development,
Contracts
Dec. 26, 2023
Landlords beware, the ripple effects of new security deposit regulations are coming
New regulations regarding security deposits give tenants a lot more ammunition and give landlords greater responsibilities and exposure. Maybe “security” is no longer the operative term.
Attention landlords and tenants, 2024 brings more changes to California's laws regarding tenant "security deposits."
For a primer on these laws, please see our previous article "Security Deposits," Daily Journal, Aug. 9, 2021.
Assembly Bill 12 (AB-12), approved by Gavin Newsom in October of 2023, modifies t...
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