Penguinlady
10-14-2011, 11:09 PM
I'm hoping there a CA attorney lurking here.
Thirteen months ago, I paid a large deposit for a vacation rental. The rental was in another state, but the owner, rental agent, and I all live in CA.
I dimly recall something long ago about how the owner who earns interest on the renter's deposit must pay that interest back to the renter along with the deposit. There was also something about how long the owner can wait before refunding the deposit, but I'm not sure how that would work with a vacation rental.
I'm waiting for the refund of my deposit on the rental, which ran from 9/21-9/28. So my questions are:
1. How long does the owner have to refund my deposit?
2. Does s/he owe me any interest s/he may have earned on it in 13 months?
Thanks.
Thirteen months ago, I paid a large deposit for a vacation rental. The rental was in another state, but the owner, rental agent, and I all live in CA.
I dimly recall something long ago about how the owner who earns interest on the renter's deposit must pay that interest back to the renter along with the deposit. There was also something about how long the owner can wait before refunding the deposit, but I'm not sure how that would work with a vacation rental.
I'm waiting for the refund of my deposit on the rental, which ran from 9/21-9/28. So my questions are:
1. How long does the owner have to refund my deposit?
2. Does s/he owe me any interest s/he may have earned on it in 13 months?
Thanks.