Bill > AB2785

This bill would make several changes to California's laws regarding rental applications and security deposits: 1. It would require landlords to accept reusable tenant screening reports if an applicant has and provides one, but would allow landlords to charge an application screening fee if the applicant does not provide a reusable report. It would also revise the definition of a "reusable tenant screening report" to include reports prepared on behalf of an applicant. 2. It would require landlords to deposit security deposits into a bank or financial institution account within 30 days, and if the account earns interest, the accrued interest (less taxes) would have to be paid to the tenant after the landlord is reimbursed for allowed expenses. 3. It would prohibit the application screening fee from exceeding $50 per applicant (rather than the current $30), remove the provision allowing annual adjustments, and require landlords to return any unused portion of the fee within 21 days. 4. It would require landlords to provide applicants with a copy of any consumer credit report obtained and other relevant information about the applicant within 2 business days. The bill would also require landlords to include certain disclosures about these policies in their rental application forms.

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https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202320240AB2785