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Re: Security deposit returned early, but accounting le - Landlord Forum thread 358816

Re: Security deposit returned early, but accounting le by AnonymousFL on December 7, 2018 @12:22

                              
Well, here are the statutes:
https://codes.findlaw.com/ca/civil-code/civ-sect-1950-5.html

There are allowable exceptions to the 21 day rule as far as providing receipts and explanation of charges. If you followed the statutes, then you would obviously be ok. If not, then it would be up to the judge and would likely be based on what you did provide.

However, I don't see any reference to being penalized up to 3 times the security deposit. I know some areas have that sort of penalty, but even then it is up to the judges discretion. More likely, you would have to reimburse them for the deductions that you did not provide proper paperwork for. They usually don't utilize that penalty unless a landlord needs a solid slap on the wrist.

As far as whether you should be worried, review the statute and decide how well you followed it. If you screwed up, you might want to settle by returning the deducted amount.
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