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A landlord's deductions from a tenant's security deposit must be reasonable. The landlord may make deductions for missing rent payments and for damages beyond ordinary wear and tear, which is the subject matter's depreciation or deterioration in value by reasonable and ordinary use by the tenant.
Most renters expect a refund on their security deposit when they move out of their apartment (save for those who have completely trashed the place). But a hefty percentage of renters aren't ...
While NationsBank was the nominal survivor, the merged bank took the better-known name of Bank of America. Hence, the holding company was renamed Bank of America Corporation, while NationsBank, N.A. merged with Bank of America NT&SA to form Bank of America, N.A. as the remaining legal bank entity. [39]
Bank of America Plaza, formerly Security Pacific Plaza, is a 55-story, 224.03 m (735.0 ft) class-A office skyscraper on Bunker Hill, Los Angeles, California.It was completed in 1974 with the headquarters of Security Pacific National Bank, Capital Group Companies and Sheppard, Mullin, Richter & Hampton as its main tenants.
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[157] [159] Among the other tenants at the Bank of America Tower was Generation Investment Management, a firm cofounded by environmentalist and former U.S. vice president Al Gore. [160] [161] By the middle of that year, the building was almost fully pre-leased, with average asking rents of $150 per square foot ($1,600/m 2). [162]
Among the HSTPA's reforms are limits on security deposits to just one month's worth of rent, new protections against evictions, prohibitions on the use of tenant blacklists, the elimination of vacancy decontrol and high-income deregulation, and the closing of the owner use loophole.
Bank of America and its Affiliates reserve the right to assume the exclusive defense and control of any matter otherwise subject to indemnification by you. Notwithstanding the foregoing, you are not required to indemnify Bank of America or its Affiliates for its own violations of applicable laws."