Re: 1st, last, & security

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On 3/04/08, skye wrote:
> On 3/02/08, jeanette wrote:
>> Is it true that in the stste of california, that in a
>> rental, the lanlord can only charge you 1st & sec. dep. or
>> 1st and last, but not all three?
>
> I am pretty sure that landlords can charge all three.
Renting
> the place I am at now in Oakland, California, we paid 1st,
> last, and 1 and 1/2 months security. The amount we paid in
> the beginning was 3 and 1/2 times our monthly rent.

A Landlord in California can charge First, Last and Security,
OR...they charge First and a Security Deposit of two months
rent. They can't ask more than the 3 months worth or rent as
a move in.

Of course, a landlord can ask for less if they want or if the
market forces them to, they just can't ask for more.