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[Music] hi my name is caesar and welcome to tips for landlords and property managers brought to you by fasttv.com law group hi there welcome to another tips for nailers and property managers video on todays episode well cover the basic frequently asked questions regarding security deposits in california please remember this video has been created for informational purposes only and it is not legal advice most landlords in california already require a security deposit but in case you dont well cover why you should the amount is usually one months rent and its purpose is to cover any damages caused by the tenant to the property beyond reasonable wear and tear it is also a good idea to hold a security deposit for each of your rental properties in case a tenant decides to skip out early on the release this will help cushion any financial hardships disco costs how much can a landlord charge for a security deposit at the time this video was published a landlord can hold up to three mont