[WSBARP] security deposit as liquidated damage

[Joseph McIntosh]

Question for the LL attorneys.  Can a residential lease include a term saying the damage deposit is forfeited if there is payment breach, even if the LL immediately re-rents and doesn't actually suffer a loss?  Akin to a liquidated damage clause, I suppose.  The Act appears to be silent on this issue, but the damage deposit provisions contemplate covering actual damages.  Thanks.



-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.fsr.com/pipermail/wsbarp/attachments/20210923/af9547ad/attachment.html>