INTEREST PAYMENTS ON SECURITY DEPOSITS

rent stabilization Bulletin rent stabilization Ordinance Bulletin INTEREST PAYMENTS ON SECURITY DEPOSITS 6640 VAN NUYS BLVD. VAN NUYS, CA 91405 2215 N. BROADWAY AVE. LOS ANGELES, CA 90031 690 KNOX ST., SUITE 125 LOS ANGELES, CA 90502 3550 WILSHIRE BLVD. 15TH FLOOR LOS ANGELES, CA 90010 8475 S. VERMONT AVE. 2ND FLOOR LOS ANGELES, CA 90044 1645 CORINTH AVE. SUITE 104 LOS ANGELES, CA 90025 BOX 17280, LOS ANGELES, CA 90017-0280 866-557-RENT 866-557-7368 CITY OF LOS ANGELES The INTEREST rate set by the Rent Adjustment Commission for 2014 is The INTEREST rate set by the Rent Adjustment Commission for 2013 was What is a SECURITY Deposit? A SECURITY deposit is essentially any money paid by a tenant to a landlord, which is subse-quently held by the landlord for the purposes of providing compensation for a tenant's failure to pay rent, for repairing damages to the premises, exclusive of ordinary wear and tear, caused by the tenant or a guest or licensee of the tenant, for cleaning the premises upon termination of the tenancy, and for remedying any future defaults by the tenant in comply-ing with any term under the rental agreement to restore, replace, or return personal prop-erty or appurtenances, should the rental agreement authorize the SECURITY deposit for this use.

3 Rent Stabilization Bulletin INTEREST PAYMENTS ON SECURITY DEPOSITS 12.13.2013 AUXILIARY AIDS AND SERVICES: “As a covered entity under Title II of the Americans with Disabilities Act, the City of Los Angeles does not discriminate on the basis of disability and, upon request, will provide reasonable accommodation to

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  Security, Payments, Interest, Entr, Deposits, Stabilization, Interest payments on security deposits, Rent stabilization

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