California rent law to cap security deposits starting July 1 [Video]

SAN DIEGO (FOX 5/KUSI) — Starting July 1, it will be illegal for landlords to charge more than one month’s rent for a security deposit. AB 12 will put a cap on deposits statewide.

The bill stops the practice of California landlords charging two times — in some cases three times — the monthly rent as security deposit.

“Rents are going through the roof. It’s the reason I’m living here where I’m at,” said San Diego renter, Daniel Almanza.

Almanza, his wife, and two children live in a one-bedroom studio apartment in City Heights, where rent has been $1,300 a month.

“I don’t like it,” said Almanza. “What am I going to do, go somewhere where I’m pulling my hair out not being able to pay my bills?”

This family has been living their City Heights apartment for five years and say rental prices in the same area have increased …