Landlord Question and Answer Forum
My tenants showed me the 'lease' they signed (that I prepared) and it stated, to my surprise, that ALL money is to be returned to the tenant upon vacating! I have looked through the CA Residential Lease Package here on EZ Landlord Forms and have not seen that statement printed anywhere. I also looked at the lease copy I had given them and nowhere does it state that as well. Unfortunately at that time I had to because it was there in writing. I am wondering if they created a look alike lease to fool me. Does anyone have any idea if this line of wording would even be in a lease agreement when it's obvious that one has to look over the rental to see what repairs need to be completed. I know typically it's up to 3-4 weeks to return funds. Thanks in advance.
Bruce and Judy E, CA on Wednesday, May 27, 2015
RE: Return of security deposit after at/after vacancy
I'm not sure where they got that lease or how they made changes, but in California landlords have 21 days to return the security deposit with a list of deductions if any. Returning in on the spot makes no sense, because you have to assess damages, plus calculate interest. I hope everything works out for you.
Good Luck
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