NEW LAWS FOR 2005 | |
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SOME HIGHLIGHTS OF THE FOLLOWING
NEW LAWS FOR 2005 NEW RESTRICTIONS ON LANDLORDS DEMANDING CASH ONLY FOR RENT OR SECURITY DEPOSIT PAYMENT A landlord may not demand that rent or a security deposit must be paid in cash only unless that tenant has paid the landlord by a check which was returned by the bank (i.e. NSF or stop payment) If the lease has a cash payment term and the tenant has tendered a check returned as unpaid, the landlord may serve a notice on the tenant explaining that they are now required to pay by cash only for a specified period (not more than three months) 10% RENT INCREASE LAW STAYS IN EFFECT The law that required a 60 day notice for rent increases of over 10% (in month to month tenancies) was to expire ("sunset provision"). That expiration was cancelled so this 60 day rent increase law will remain in effect. Home | Useful links | Tenant Update | Archives | Contact Us
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