California's Security Deposit Rules Changed. Did You?

Most landlords think they understand security deposits. Most are wrong — and one wrong move can cost you triple the deposit in court.This episode originally aired as a live webinar for the American Apartment Owners Association (one of their highest-rated sessions). We presented it to the Real Estate Disclosure audience, including deeper dives, edge cases, and real questions from real landlords. How much can you legally collect for a security deposit in California — and does the small landlord exemption apply to you? What can you actually deduct when a tenant moves out, and where does "normal wear and tear" end? What are the three mandatory photo sets California now requires — and what happens if you skip one? What does the 21-day rule actually require you to do, and what's the one deadline most landlords blow without realizing it? If you're buying or selling a tenant-occupied property, what happens to the deposit — and what document protects you if there's a dispute three years later?Download the free security deposit photo checklist — one page, covers every room, includes the exact shots you need and where to store them  https://geni.us/SecurityDepositPics Schedule one-on-one call with Christian Walsh  https://calendly.com/wireassociates Don’t miss another update! Join thousands of others in subscribing to the WIRE Associates weekly newsletter to get the latest housing market data for buyers and sellers, plus access to foreclosure data, info on landlord/tenant law and much, much more   https://www.wireassociates.com/newsletter/   Don’t BUY or SELL in SoCal without clicking here first…no pressure, no obligation assistance from us  https://www.wireassociates.com/contact/  Thinking of BUYING or SELLING anywhere else in the US? The best agents are right here  https://homeandmoney.com/christian/** GEAR WE USE & OTHER RESOURCES** https://www.wireassociates.com/resources/This is not meant to be a solicitation of a property currently under contract. This is not meant to be legal or tax advice, please consult with the appropriate professional. We are licensed to sell real estate in California (if you need help elsewhere, we can help find a good broker, let us know), CalRE # 01804983. Berkshire Hathaway HomeServices California Properties (# 01317331)Remember when you click, I may receive a small commission at no extra cost to you. As an Amazon Associate I earn from qualifying purchases. I only recommend products and services that I've used or have experience with.