News & Analysis as of

Security Deposits California

Brownstein Hyatt Farber Schreck

CA Security Deposit Limits Effective 7/1

Effective July 1, 2024, California residential landlords will generally only be able to charge security deposits equal to one month’s rent with some exceptions for smaller landlords. This is pursuant to Assembly Bill 12...more

Vinson & Elkins LLP

Be Careful with Letters of Credit

Vinson & Elkins LLP on

On March 10, 2023, the California Department of Financial Protection and Innovation closed Silicon Valley Bank, Santa Clara, California (“SVB”) and subsequently appointed the Federal Deposit Insurance Corporation (“FDIC”) as...more

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