When must a facility notify a resident in writing of how advance rent or security deposit is held?

The requirement for a facility to notify a resident in writing about how advance rent or security deposits are handled is set forth in California law, which specifies that this notification must occur within 30 days of receipt. This timeframe is designed to ensure transparency and provide residents with clear information regarding their financial obligations and the handling of their funds. It allows residents to understand how their money is being safeguarded, contributing to their overall peace of mind and trust in the facility. By requiring the notification within 30 days, the law balances the need for expediency with the practicalities of administration within a busy facility. This ensures that residents are not left in the dark about important financial matters for an extended period.