Although often regulated renters deposits can often be used as liquidated damages for harm the tenant causes the tenancy.

Question

Although often regulated renters deposits can often be used as liquidated damages for harm the tenant causes the tenancy.​

Quizplus · Accepted Answer

Renters' deposits are typically held by landlords as security against damages to the property or unpaid rent, and can be used to cover the costs of repairs for damages caused by the tenant beyond normal wear and tear, or other breaches of the lease agreement, which is essentially acting as liquidated damages.

Although Often Regulated Renters Deposits Can Often Be Used as Liquidated