INTERNAL PROTOTYPE — NOT LEGAL ADVICE — DO NOT SEND

Cal. Civ. Code § 1950.5

Citation
Cal. Civ. Code § 1950.5 (ii)
Parent Document
Cal. Civ. Code § 1950.5
Jurisdiction
California (state)

Other Sections in This Document (75)

Full Text

1,216 chars
(ii) (I) If the landlord received the security or rental payments from the tenant electronically, the landlord shall return the remainder of the security electronically to a bank account or other financial
institution designated by the tenant in writing, or by any electronic or virtual method available to the landlord if agreed to in writing by the tenant. Alternatively, the landlord and tenant may, by written agreement, designate another method of return, including, but not limited to, by personal delivery or by a check made payable to the tenant and mailed by first-class mail, postage prepaid, to an address provided by the tenant. Upon the termination of a landlord’s interest in the premises and the transfer of the security to the landlord’s successor in interest as provided in subdivision (i), the landlord’s successor in interest shall return the remainder of the security electronically to a bank account or other financial institution designated by the tenant in writing or by any electronic or virtual method available to the landlord’s successor
in interest if agreed to in writing by the tenant only if the landlord’s successor in interest received rental payments electronically from the tenant.