Leave a Message

I agree to be contacted by Pillar Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy.

Thank you for your message. We will be in touch with you shortly.

Assembly Bill 12

May 30, 2024

Assembly Bill 12

Attention landlords & tenants! Let's talk about a new law that’s about to change the way security deposits work in California. Starting July 1, 2024, Assembly Bill 12, or AB12, will limit the maximum security deposit a landlord can ask for to one month’s rent.

This law applies to new security deposits obtained after July 1, 2024. Existing deposits can remain as they are. This applies to both furnished and unfurnished properties. The old rule allowing three-months rent deposit for furnished units will be gone as of July 1st. What about pet deposits? Pet deposits count towards your one-month limit too. There are some exceptions. Landlords can ask for up to two months’ rent as a security deposit if they are an individual or part of an LLC with all natural persons, and they own no more than two residential rental properties with a combined total of four units or fewer. However, this exception doesn't apply to active service members—they will always have a one-month limit.

Let's recap the bottom line: AB12 limits security deposits to one month’s rent with specific exceptions for smaller landlords. This change applies from July 1, 2024, onwards, to all properties, furnished or not, and includes pet deposits. This isn't legal advice, so please consult an attorney for detailed guidance. Thanks for watching! For more updates and tips, give us a follow and check out our blog at pillarrealestate.com. See you next time!

Recent Blog Posts

Is Cambria Practical for Someone Who Works from Home?

Amber Johnson | October 4, 2026

Consider internet service, backup plans, coastal weather, workspace needs, and everyday errands before moving.

How Should I Market an Atascadero Home with a Steep Driveway?

Amber Johnson | October 4, 2026

Show access, parking, turnaround space, and the property’s strongest features so buyers can assess the tradeoff clearly.

What Does New Listing Activity Tell Morro Bay Buyers and Sellers?

Amber Johnson | October 4, 2026

Use the flow of new listings to frame choices without treating a single week as the whole market.

What Should Buyers Check Before Buying a Home Near Cal Poly in San Luis Obispo?

Amber Johnson | October 3, 2026

Look closely at parking, street activity, property condition, and everyday fit before making an offer.

Would I Prefer Avila Valley or Downtown Avila Beach?

Amber Johnson | October 3, 2026

Compare the feel of the inland valley with the walkable beach village before choosing where to live.

Is Heritage Ranch Practical for a Household That Works in Paso Robles?

Amber Johnson | October 3, 2026

Consider the daily drive, household routine, and community fit before choosing a home near Lake Nacimiento.

Posting vs. Marketing Your Home: What SLO County Sellers Should Know

Amber Johnson | October 3, 2026

How Should I Price a Paso Robles Home with a Pool?

Amber Johnson | October 3, 2026

Weigh the pool's condition, comparable sales, and likely buyer interest before setting the list price.

How Should I Market a Grover Beach Home Without a Garage?

Amber Johnson | October 3, 2026

Show the home's parking, storage options, and coastal lifestyle clearly so buyers can assess the tradeoff.

Let's Talk

You’ve got questions and we can’t wait to answer them.

Follow Us