Capitola, CA local landlord rules
State law also applies. See California landlord-tenant law.
Quick facts
| Topic | At a glance |
|---|---|
| Interest on deposits | Landlords must pay interest on security deposits at no less than the rate the city council sets each year. |
Details & sources
Interest on deposits
Landlords must pay interest on security deposits at no less than the rate the city council sets each year. The code states: "A rental agreement may provide for a tenant’s interest at a percentage rate greater than that established by the city council resolution then in effect; however, under no circumstances shall a rental agreement provide for a tenant’s interest at a percentage rate less than that established by the resolution then in effect" (§ 5.48.025).
Verified Source: Capitola Municipal Code § 5.48.025 · last checked 2026-10-16
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