This is a notice provided by the Landlord to Tenant explaining that once the lease term has expired. Tenant has the option of vacating the premises or remaining on the premises provided that they abide by the posted rent increase.
California Tenant Increase For Security Deposit
State:
California
Control #:
CA-1054LT
Format:
Word;
Rich Text
Instant download
Description
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How to fill out California Letter From Landlord To Tenant About Intent To Increase Rent And Effective Date Of Rental Increase?
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FAQ
The law's tenant protections apply to both month-to-month rentals as well as fixed leases. For any tenant who has continuously and lawfully resided in a property for 12 months, the landlord must have ?just cause? as provided in AB 1482 to terminate the tenancy.
Landlords must also give tenants sufficient warning before increasing rent. If the rent increase is less than 10%, landlords must provide notice 30 days before the increase can take effect. If the rent increase is more than 10%, the landlord must provide notice 90 days before it can take effect.
For a non-furnished residence, a landlord cannot charge more than twice the rent, plus the first month's rent, as a deposit. For a furnished residence, landlords can charge up to three times the rent in addition to the first month's rent. Civil Code §1950.5(c).
Raising rent in California Landlords are allowed to raise rent by a maximum of 10% every 12 months. That means if the CPI change is above 5%, the maximum increase caps at 10%. It's vital to understand, however, that the actual amount you can raise rent depends largely on your local city laws.
Can the landlord increase my security deposit during my tenancy? Yes. However, your landlord must first give you a 30-day written notice.