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Old 10-30-2011, 05:40 PM
 
Location: Southern California
1,435 posts, read 1,553,774 times
Reputation: 258

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Does anyone know if a holding deposit is refundable? I put down a $200 holding deposit on a room rental and signed a rental agreement. The receipt I got for the deposit does not call it a holding deposit and does not say it is non-refundable. The rental agreement did not even mention the holding deposit. I changed my mind the very next day, literally less than 20 hours later. The landlord claimed he was out $50 or more since he had to re-advertize and since he turned down three people. Our discusion got a little heated and now he is refusing to return any of it. Do I have a case if I take him to small claims court? What civil code or law pertains to this? Thanks.

-Chris
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Old 10-30-2011, 07:13 PM
 
Location: Conejo Valley, CA
12,460 posts, read 20,085,650 times
Reputation: 4365
If you could get your "holding deposit" back....what would be the point of it?

Non-refundable holding deposits are perfectly legal in California, but if you were never made aware of the nature of the deposit than you may have a case against them.
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