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  1. #1
    Join Date
    Apr 2013
    Posts
    2

    Default Denied an Apartment Due to Being Unemployed, Despite Ability to Pay from Savings

    My question involves landlord-tenant law in the State of: California

    I just got a lump sum payment that I want to use as verification to rent an apartment. I have credit history/score. I have rental history. But I am jobless. I have information showing the lump sum but it may not show in my bank account for a couple of days. E.g. isn't that a valid source of income and also shows that I can pay for the rent.

    I will seek employment but need an apartment for relocation reasons.

    If I can show all of those aren't I legally OK to rent that apartment. If the apartment is available and no other applications, don't I have a fair shot.

    According to California's housing codes, fair housing act should protect against source of income. Isn't a lump sum payout a source of income? I haven't been denied an apartment but I was wondering if I have any resource in the event I am denied.

  2. #2
    Join Date
    Jun 2006
    Location
    Massachusetts
    Posts
    24,521

    Default Re: Finding an Apartment Unemployed with Verifiable Information

    Not in and of itself. Is it invested some way so that you earn interest on it?

    The thing with a lump sum is that once you use it, it's gone. Having a source of income means that it continues to be available.

  3. #3
    Join Date
    Dec 2012
    Posts
    1,026

    Default Re: Finding an Apartment Unemployed with Verifiable Information

    The jobless are not a protected class under Fair Housing laws if you attempt that to demand an apartment by going that route.

    Will a landlord rent to someone with a lump sum payment available? Perhaps. On the other hand, there are many landlords who would not agree to rent to someone who wishes to pay, say six to twelve months in advance as they fear they are dealing with either a person involved in something illegal (drug dealing) or by doing so it makes it more difficult to initiate an eviction for issues other than failure to pay rent if needed.

    In addition, the idea that one has enough money to cover rent for a period of months while job hunting is no guarantee they won't use that money for other things once the lease has been signed.

    Gail

  4. #4
    Join Date
    Sep 2011
    Location
    OH10
    Posts
    17,019

    Default Re: Finding an Apartment Unemployed with Verifiable Information

    What part of this do you not understand? If you have $1000 in a savings account paying 3% per year, that means you have verifiable income of about $2.65 per month. I do not think a $2.65 per month income, is high enough income to rent an apartment.

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