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DocuSign Envelope ID: 9A560231D3A647879E70A707A3F4B1AB C6B2D060B9DC4213B865AB9633F4F155BEFORE THE BOARD OF SUPERVISORS OF THE COUNTY OF SANTA CRUZ, STATE OF CALIFORNIAAdopted 12/0 6/2022 Board of
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01
Retrieve the template for the resolution establishing the 2023 security deposit interest.
02
Fill out the blank fields with the required information, such as the name of the property, the amount of the security deposit, and the interest rate.
03
Review the completed resolution for accuracy and completeness.
04
Obtain any necessary signatures from relevant parties, such as property owners or management.
05
Distribute copies of the resolution to all involved parties for their records.

Who needs resolutionestablishing2023 security deposit interest?

01
Property owners
02
Property management companies
03
Tenants
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Resolution establishing 2023 security deposit interest refers to a formal decision or regulation that outlines the interest rates applicable to security deposits held by landlords or property managers for the year 2023.
Landlords, property managers, and any entities holding security deposits from tenants are required to file the resolution establishing 2023 security deposit interest.
To fill out the resolution, individuals must provide their name, contact information, the amount of the security deposits held, and the calculation of interest based on the established rate for 2023.
The purpose is to ensure that tenants receive a fair return on their security deposits by establishing a clear interest rate that landlords must adhere to for the year 2023.
The report should include the total amount of security deposits held, the applicable interest rate, the calculated interest amounts, and the duration for which the security deposits were held.
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