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CA SB1055
Bill
AI Summary
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Landlords must allow tenants to pay rent and security deposits using at least one payment method that is neither cash nor electronic funds transfer.
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Landlords may require cash-only payment exclusively for up to three months if a tenant previously attempted to pay with a dishonored check or instructed the drawee to stop payment, provided written notice is given with a copy of the dishonored instrument.
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Defines "electronic funds transfer" to include point-of-sale transfers, direct deposits, telephone transfers, automated clearinghouse transfers, and recurring authorized transfers, but excludes checks and similar paper instruments.
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Allows tenants and landlords to mutually agree to cash or electronic funds transfer payments as long as at least one additional payment method remains available.
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Any waiver of these provisions is void and unenforceable as contrary to public policy.
Legislative Description
Landlord and tenant: payments.
Last Action
Chaptered by Secretary of State. Chapter 268, Statutes of 2012.
9/7/2012