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City of L.A.: Security Deposit Interest Requirement

Landlords of properties located within the City of Los Angeles that are subject to the Los Angeles Rent Stabilization Ordinance (LARSO), also known as Rent Control, are required to pay tenants interest on their security deposits, pursuant to specific regulations. Recently, tenant attorneys have increasingly and successfully used landlords’ non-compliance with these security deposit interest requirements as a defense in eviction proceedings.

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Help stop stricter statewide rent control

Contact your lawmaker today. Take action today to stop AB 1157 by Assemblyman Ash Kalra, D-San Jose, which would impose stricter rent control on nearly all rental housing providers in California. The bill will be heard in the Assembly Hou...

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