Gov. Gavin Newsom signed Assembly Bill 12 into law, which states that security deposits can’t be any larger than one month’s rent, on Oct. 11. The law is slated to take effect on July 1, 2024.
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I've rented a shitload of places but only had to pay a deposit a couple three times because I try to rent from people that I knew and they knew how I am.
I have never paid more than a month's rent for a deposit, nor have I ever heard of anybody else paying more than that, but it's been awhile since I've been back there.
