MRU Essentials
Products & Services
MRU Tips
Industry News Feed
My MRU Features
My Resource Centers
The Lifecycle of a Tenancy (TM)
Mini-Menus
Lifecycle - Before the Tenancy
Lifecycle - During the Tenancy
Lifecycle - The End of the Tenancy
My Search MRU
Missing Pages or Content?

ALERT - Users have reported being automatically logged out of the MRU web site, when using IE for site access.  MRU recommends using Firefox, Chrome or another browser when LOGGING into the site.  We are working on this problem and will post updates here.  We aplogize for any inconvenience this causes to our site visitors.

You are not logged in and so you are missing many of our essential content pages.  Member Only pages are not visable unless you are logged in.  So  please log in to access our Member Only content, or if you are not yet registered, please register for membership.  It’s fast, free and easy.  No credit card is required. 

MRU RSS Feeds

My Property Management FAQ's > Security Deposits > How large can a Security Deposit be in California?

 

Have a Question for our Q&A?  Register, log in and then visit any of the Lifecycle Discussion Forums to post your question.  A select number of questions are then responded to personally by attorney and veteran property owner, Merrie Turner Lightner, and posted here.

 

Search the FAQ for entries containing:

State law governs the maxium amount allowed to be collected by an owner.  Currently an owner is limited to two times the total monthly rent for an unfurnished apartment and three times the total monthly rent for a furnished apartment.  No other amounts can be collected, regardless of how you label them.  It does not matter that you call the funds, security deposit, key deposit or last months rent.  If it is collected at the commencement of the tenancy, it is regulated as a deposit and subject to the state law limitations. 

Last updated on September 28, 2008 by MRU Managing Editor