What happens to my security deposit if my landlord sells the building, dies, or otherwise loses a legal interest in the rental unit during my tenancy?

The landlord can either (1) transfer to the landlord’s successor in interest (e.g., the new owner) the portion of the tenant’s security deposit remaining after any lawful deductions but only after notifying the tenant of the transfer, of any claims made against the security deposit, of the amount of the security deposited, and of the names of the successors in interest, their addresses, and their telephone numbers; or (2) return the portion of the security deposit remaining after any lawful deductions, together with an accounting.See Cal. Civ. Code § 1950.5(h)(1)–(2).

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