))
Crisis for Landlords? California's AB12 Bans Security Deposits As We Know Them
Manage episode 408013586 series 3019135
Peter McKenzie에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Peter McKenzie 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
If you found this episode enlightening and helpful, please share it with other landlords who could benefit from these insights. And if you want to partner with Ventura County’s most trusted property management company, let's start the conversation! 👉 https://www.rinconmanagement.com/
Summary
In this episode, Peter talks about a new law affecting every landlord in California. From January 1st, 2024, Assembly Bill 12 changes how much can be charged for security deposits. Before, landlords could ask for up to two months' rent for unfurnished properties and three for furnished ones. Now, they're limited to just one month. Peter is worried this might make it tough to rent to tenants who don't have the best background and could mean stricter rental application rules. Finally, he highlights the need for landlords to keep up with changes in the law to avoid problems and protect their businesses.
Takeaways
- Assembly Bill 12 limits security deposits to one month's rent starting January 1st, 2024.
- Staying updated on rental laws is crucial for landlords to avoid legal issues and safeguard their interests.
- Despite the new limit, landlords can still seek payment for damages that exceed one month's rent.
85 에피소드
공유
