Good faith deposit protocol in CaliforniaI am asking a prospective tenant to give me a $100 good faith deposit in order to take my rental off the market and hold it for him until June 1. Do I need to give him a 72-hour right of refusal period before the deposit becomes nonrefundable? If they proceed with the rental, the $100 will be applied to the 1st month's rent.May 07 2012 - Eureka00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.