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Rentals in 94553 : Real Estate Advice

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Activity 2
Wed Sep 28, 2016
Rich Reed answered:
The law limits the total amount that the landlord can require you to pay as a security deposit. The total amount allowed as security depends on whether the rental unit is unfurnished or furnished and whether you have a waterbed.
Unfurnished rental unit: The total amount that the landlord requires as security cannot be more than the amount of two months’ rent. If you have a waterbed, the total amount allowed as security can be up to two-and-a-half times the monthly rent.
Furnished rental unit: The total amount that the landlord requires as security cannot be more than the amount of three months’ rent. If you have a waterbed, the total amount allowed as security can be up to three-and-a half times the monthly rent.
Plus first month’s rent: The landlord can require you to pay the first month’s rent in addition to the security deposit.

http://www.dca.ca.gov/publications/landlordbook/catenant.pdf
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Wed Sep 28, 2016
Rich Reed answered:
When you submit a rental application, thelandlord may charge you an application screening
fee. In 2011, the landlord may charge up to$42.41, and may use the fee to cover the cost
of obtaining information about you, such as checking your personal references and obtaining
a credit report on you.

http://www.dca.ca.gov/publications/landlordbook/catenant.pdf

Civil Code Section 1950.6. The maximum fee is adjusted each year based on changes in the Consumer Price Index since January 1, 1998. In 2012, the maximum allowable fee is $49.50.
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