Did you know security deposits are being slashed for California rentals? As of July 1, 2024, AB 12 changes the amount of security deposit that a landlord can collect for a rental property…the amount is dramatically reduced in most cases. Additionally, some rental properties are exempt from AB 12, but which ones are exempt from AB 12 and what does this mean for California renters and California landlords? Watch this and you’ll know!

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Legal text of AB 12 https://leginfo.legislature.ca.gov/fa...

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