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<p>I'm not seeing that breaking the lease early would result in
"damages" related to the new flooring in that presumably the house
is worth more with the new flooring than without. Conversely, I'm
also not seeing that the schedule you propose deals with the
actual harm possibly caused if the breach is late in the term.
Assuming we're not talking about carpet, the floors should still
be in good condition in 10 years, but what if it's been so damaged
it needs to be replaced? Would this system prevent any recovery
for the landlord if the lease went to term and the tenant
destroyed the floors?</p>
<p>Also, I'm having some "this is so bizarre it must be wrong"
alarms going off. Seems like a really bad idea from both sides.
First, I'd be very skeptical of any tenant willing to enter into
such a contract. Second, assuming the property is encumbered,
would the landlord face liability to the tenant in the event of
foreclosure? Third, if there were a breach would the landlord be
able to actually recover for the breach. Stated differently, are
they actually getting anything non-illusory for tying up their
property for 10 years? Fourth, if this property is in Seattle are
they aware that in 2026 new legislation will provide that
landlords will be tarred and feathered each time they collect
rent? <br>
</p>
<pre class="moz-signature" cols="72">Kary L. Krismer
206 723-2148</pre>
<div class="moz-cite-prefix">On 5/6/2020 8:46 AM, Gabriel Dietz
wrote:<br>
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<blockquote type="cite"
cite="mid:CAGeJ7pPTz9whr3MbZ+yRpyeoY=ddgpX82iUj5qH6CXb=5Vcybg@mail.gmail.com">
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<div dir="ltr">Good Morning Fellow List Mates:
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<div>I have a potential client, a landlord who is considering a
10-year residential lease in Seattle. Before the lease begins,
landlord and tenant want to install new floors throughout the
premises. Landlord proposes to pay for the costs of the floor
installation. Tenant, in theory, would agree to a liquidated
damages clause where tenant reimburses landlord for some of
the costs of the floor install in the event that the tenant
breaks the lease early. The amount of damages would be a
straight-line amortization over the life of the lease. For
example, if tenant breaks the lease in month 1, tenant would
be responsible for 50% of damages. If tenant breaks the lease
in month 120, tenant would not be responsible at all. Other
than the typical limitations on liquidated damages under
Washington law, is there anything in the Washington
Residential Landlord-Tenant Act or otherwise that would
prohibit/limit this structure?</div>
<div><br>
</div>
<div>Thank you in advance,</div>
<div>Gabe</div>
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<div>
<div dir="ltr" class="gmail_signature">
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<div>
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<p dir="ltr"
style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><span style="font-size:11pt;font-family:Arial;color:rgb(0,0,0);background-color:transparent;vertical-align:baseline;white-space:pre-wrap">Gabriel A. Dietz</span><span style="font-size:11pt;font-family:Arial;color:rgb(0,0,0);background-color:transparent;vertical-align:baseline;white-space:pre-wrap">
</span><span style="font-size:11pt;font-family:Arial;color:rgb(0,0,0);background-color:transparent;vertical-align:baseline;white-space:pre-wrap">Partner</span><span style="font-size:11pt;font-family:Arial;color:rgb(0,0,0);background-color:transparent;vertical-align:baseline;white-space:pre-wrap">
</span><span style="font-size:11pt;font-family:Arial;color:rgb(0,0,0);background-color:transparent;vertical-align:baseline;white-space:pre-wrap">(206) 451-3859</span></p>
<p dir="ltr"
style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><a
href="mailto:gabe@hdpnw.com" target="_blank"
moz-do-not-send="true"><span style="font-size:11pt;font-family:Arial;background-color:transparent;vertical-align:baseline;white-space:pre-wrap">gabe@hdpnw.com</span></a></p>
<p dir="ltr"
style="line-height:1.38;margin-top:0pt;margin-bottom:0pt"><a
href="http://www.hdpnw.com" target="_blank"
moz-do-not-send="true"><span style="font-size:11pt;font-family:Arial;background-color:transparent;vertical-align:baseline;white-space:pre-wrap">www.hdpnw.com</span></a><span style="font-size:11pt;font-family:Arial;color:rgb(0,0,0);background-color:transparent;vertical-align:baseline;white-space:pre-wrap"> </span></p>
<span style="font-size:11pt;font-family:Arial;color:rgb(0,0,0);background-color:transparent;vertical-align:baseline;white-space:pre-wrap"><img src="https://lh4.googleusercontent.com/XvYBR2rJITmAKOo2nBbTLwFamRLzd307jA8sGNhA9o1Et1z8kkRPeXOcE2lKnZLi_F4w-Jd2Rm32YmoJy0goUqGFLP7wKCEUC-XzQ-LRiNGl0-ihI7WNL5tbD6LOHOMx45-LAy0c" style="border: none;" moz-do-not-send="true" width="345" height="79"></span><span style="font-size:11pt;font-family:Arial;color:rgb(0,0,0);background-color:transparent;vertical-align:baseline;white-space:pre-wrap">
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