Legal Question in Real Estate Law in California
Rentals we had that was handled by prop mgmt
Prop mgmt that used to handle our rentals kept all the renters deposit and their reason is - monies were depleted. Are they allowed not to return all the security deposits of the renters:
Asked on 6/19/07, 1:33 pm
1 Answer from Attorneys
Bryan Whipple
Bryan R. R. Whipple, Attorney at Law
Re: Rentals we had that was handled by prop mgmt
They need a better story than that. By law, tenants are entitled to prompt (within 21 days) refund of deposits accompanied with a full and individualized accounting for what was withheld from their individual deposits, if anything. Bad-faith failure to refund or account for a deposit to each tenant subjects the landlord to potential double damages. Obtain and read Civil Code section 1950.5 and/or a self-help law book on the art of being a landlord.
Answered on 6/20/07, 12:07 am