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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This is not meant to be a solicitation of a property currently under contract. This is not meant to be legal or tax advice, please consult with the appropriate professional. We are licensed to sell real estate in California (if you need help elsewhere, we can help find a good broker, let us know), CalRE # 01804983. Berkshire Hathaway HomeServices California Properties (# 01317331)

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