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INTERNAL PROTOTYPE — NOT LEGAL ADVICE — DO NOT SEND

Korens v. R. W. Zukin Corp., 212 Cal. App. 3d 1054 (1989)

Citation
Korens v. R. W. Zukin Corp., 212 Cal. App. 3d 1054 (1989)
Parent Document
Korens v. R. W. Zukin Corp., 212 Cal. App. 3d 1054 (1989)
Jurisdiction
California (state)
Effective Date
1989-08-02

Other Sections in This Document (52)

Full Text

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(1988) 198 Cal.App.3d 683, 688 [244 Cal.Rptr. 22]), no provision of state law imposes the additional requirement that interest be paid on security deposits by landlords. Nor have appellants alleged that any local law required payment of such interest to them. Rather, appellants principally argue that, although there is no statute or case law precisely on point, the failure to pay such interest should be actionable because the handing over of the deposit creates, by operation of law, a trust or a pledge which thereby obligates the landlord to pay interest to the tenant; and the violation of this implied duty constitutes, inter alia, an unfair business practice actionable under Business and Professions Code section 17200 et seq.