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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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We also note it is not entirely clear that a ruling that interest must be paid on security deposits would actually favor tenants’ interests in general, as opposed to the interests of the purported class representative. One commentator has employed economic analysis to suggest that a requirement landlords pay interest on security deposits would have the eifect of harming the interests of tenants in general, because landlords would simply increase future rents if they were required to pay interest. “[T]he absence of interest payments [on security deposits] may ultimately benefit the tenant, since rental increases to cover the landlord’s additional costs would likely exceed the interest the tenant receives.” (Interest on Security Deposits, supra,