This residential lease agreement is by far the most popular form of type of rental contract in the state of California. The agreement is structured around a one (1) year agreement, in which the tenant is legally bound to pay a monthly rent usually on the first (1st). Ks Rom V1 3 Rev 34.5 Download. It is highly recommended that the landlord conducts a background check on any applicant (See the ), due to information that can be uncovered that could sway the landlord’s decision on accepting the new tenant. If the landlord accepts, the they may charge the new tenant with a security deposit usually equal to one (1) months’ rent, the State cap is two (2) months for unfurnished units and three (3) months for furnished units ()), this is to ensure any damage to the property not agreed upon in the document is covered. • If either party has questions about their rights they should refer to the. Versions • Standard Version • Apartment Association of California Version Disclosures and Helpful Forms • • • • • •.