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New California law limits security deposits to one month’s rent

DeFi Daily News by DeFi Daily News
July 2, 2024
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Starting July 1, a new California law will limit security deposits to one month’s rent. Landlords with more than two properties are exempt from this law.

Yahoo Finance reporter Dani Romero joins Wealth! break down the new law for renters in California and how landlords and tenants are responding.

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

– Get the latest news and data at finance.yahoo.com

– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

– Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
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LinkedIn: https://www.linkedin.com/company/yahoo-finance

#california #rent #yahoofinance

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Tags: BondsbusinessCaliforniaCurrenciesdepositsEquitiesFXInvestingInvestmentlawlimitsMarketMarketsMoneyMonthsNewsNYSEPersonal FinancePoliticsrentSavingssecurityStock marketstocksYahoo FinanceYahoo FInance Premium
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