Posts Filed Under Security Deposits & Damages

How to Avoid Security Deposit Disputes in California

The biggest and most common issue between landlords and tenants are by far late or nonpayment of rent. The handling of security deposits are a very close second. Most of the issues lie in how landlords and tenants each think they work or what they’re for. The fact is these two ideas or concepts are ..Read More

Tenant Damages vs. Wear and Tear of Rental

Your tenant has vacated the property and now you have 21 days to account for the security deposit. The law allows landlords to deduct portions of the security deposit to cover the cost of damages caused by a tenant. Landlords cannot deduct normal wear and tear of tenancy, or the expected depreciation of a property. ..Read More

California Security Deposit Laws: What Landlords Must Know

What is a Security Deposit? It is a sum typically in the form of cash. This sum is paid by the tenant to the landlord before moving in to the rental property whether it’s a lease or a rental agreement. The amount of the security deposit is determined according to the monthly rent. That is, ..Read More

Should I Let my Tenants Use up the Security Deposit as Rent?

The security deposit is an important part of any tenancy agreement because it ensures that the landlord would always have some security money from the tenant which can be used up in case of any emergency during the tenancy period. The bond normally comes in handy when the tenant disappears all of a sudden or ..Read More

What Can You Do If Your Property Has Been Damaged By Your Tenant

A landlord is faced by a constant worry when renting out their property, and that is due to property damage by the tenant. Although, the security deposit you take when renting out the property may be enough to cover the damage, it is important to know the recourse after damage, and how to make repairs. ..Read More