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Security Deposit

REAL ESTATE
March 7, 1999 | ROBERT GRISWOLD, SPECIAL TO THE TIMES
Question: I rent a large home and I am the only tenant on the one-year lease. I am thinking of adding a couple of roommates to reduce the cost of my rent. Can I collect a share of the security deposit from my new roommates without serious legal ramifications? Steven R. Kellman, director of the Tenants' Legal Center, replies: The security deposit follows the lease. If the new tenants move in, the deposit, as between the landlord and original tenant, is not affected.
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REAL ESTATE
January 20, 2002 | ROBERT GRISWOLD, SPECIAL TO THE TIMES
Question: Must the owner place security deposits into a separate account? Must this account be interest-bearing for the benefit of the tenants? Property manager Robert Griswold replies: The owner is not required to place the deposit into a separate account but must be able to properly return the security deposit (after making lawfully allowed deductions) within 21 days as required by California law.
CALIFORNIA | LOCAL
July 26, 1999
* What is a security deposit? A security deposit is any payment, fee, deposit or charge, other than the first month's rent that you pay when you move in. Deposits such as cleaning fees, key deposits, pet deposits and last month's rent are all security deposits. * How much security deposit can a landlord charge? The security deposit cannot be more than two months' rent for an unfurnished rental unit, or three months' rent if furnished. * What can the security deposit be used for?
REAL ESTATE
March 6, 1994 | Special to the Times; This column is prepared by Project Sentinel, a rental housing mediation service in Sunnyvale, Calif
QUESTION: About eight months ago, we assumed tenancy of a house. This summer our landlord instructed us not to pick the fruit, that it belongs to his family and that they would be over to harvest it when it was ripe. We are responsible for maintaining and watering the yard, are we not entitled to the fruit on the trees? ANSWER: Residential rentals usually provide for exclusive use of the property by the tenants.
BUSINESS
June 23, 1999 | KAREN E. KLEIN, SPECIAL TO THE TIMES
Question: I started a small retail business last year and had to deposit two months' rent with my landlord. Recently, I inquired as to when I would get the money back and how much interest was earned in 1998. He advised me there was no interest. Do I have any recourse? If the landlord goes bankrupt, what happens to my deposit?
REAL ESTATE
February 8, 1998 | From Project Sentinel
QUESTION: Since I started renting out my condo, I explained to all my tenants that for their protection, I change the locks at the end of each tenancy and deduct a modest amount from their security to pay for the new locks. I even included a paragraph in my rental agreement, signed by me and my tenants, explaining that tenants are responsible for the cost of re-keying the unit.
BUSINESS
July 5, 1987
The language of the S. J. Diamond column on leases ("Tenants Should Know a Lease Isn't the Law," June 22) creates the impression that a landlord is not allowed to charge any fee for cleaning the apartment of an outgoing tenant. Certainly, an apartment owner may not charge a renter for damages that preceded his or her tenancy; however, the story implies that an owner may not charge a present renter for damage and cleaning related to his tenancy. The law and the courts do indeed allow owners to use the security deposit to clean apartments upon the termination of tenancies.
REAL ESTATE
September 19, 1999 | ROBERT GRISWOLD, SPECIAL TO THE TIMES
Question: My tenant recently moved out at the end of the lease. I made a quick walk-through of the rental unit and things seemed to be fine so I immediately returned the entire security deposit. A week later when I went through the unit more carefully, I found there were several costly items (oven, garbage disposal and dishwasher) that were broken by the tenant's negligence. Can I recover the cost of repairing these items? If so, how?
REAL ESTATE
January 16, 2000 | ROBERT GRISWOLD, SPECIAL TO THE TIMES
Question: At the end of last month I moved from my apartment, after nearly six years. During my move-out inspection with the managers, they indicated that I would receive $750 of my $800 security deposit. How long does the manager-owner have to return my security deposit and am I due any interest? Property manager Griswold replies: There is no statewide legal requirement in California for landlords to pay interest on your security deposit.
OPINION
April 11, 2002
"Renters Serve Notice to Landlords" (April 5) indicates that AB 2330 would allow "tenants who are charged two months' rent as a security deposit to pay in installments" and that "tenants who have lost their jobs would be able to use part of their security deposit as an emergency rent payment." What part of "security deposit" does Assemblywoman Carole Migden (D-San Francisco) not understand? Once a tenant has moved in, the prepaid security deposit is the major measure of insurance the owner has that the tenants will abide by their agreement.
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