Re: CALIFORNIA ~ 6 months rent up front? - Landlord Forum thread 134175

Re: CALIFORNIA ~ 6 months rent up front? by Anonymous on December 14, 2006 @15:04

nope...cant do it....check the laws regarding "deposits"...they vary depending on the unit being unfurnished, furnished or if a waterbed is in place...also strongly suggest you rethink renting to them if paying in advance is how they handle their money. they sound like perfect candidates for a mtm rental agreement...lastly, in california, you CANNOT collect deposits in the form of "first months rent" and "last months rent"...the first month rent is just that - everything over and above that figure is a security deposit, with the financial limits as stated in my first sentence

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Re: CALIFORNIA ~ 6 months rent up front? by Terry on December 15, 2006 @06:28	[ Reply ]

Please see my post below..direct from CA Civil Code..it CAN be done but never should be!