This form is a tenant oriented office lease clause that states that the amount of the security deposit shall be reduced from 4 months' Base Rent to 3 months' Base Rent provided that certain lease conditions are met by the lessee.
Louisiana Tenant Oriented Clause Providing for the Reduction of the Tenant Security Deposit
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US-OL4A012C
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How to fill out Tenant Oriented Clause Providing For The Reduction Of The Tenant Security Deposit?
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51 shall give the tenant or lessee the right to recover any portion of the security deposit wrongfully retained and three hundred dollars or twice the amount of the portion of the security deposit wrongfully retained, whichever is greater, from the landlord or lessor, or from the lessor's successor in interest.
Louisiana landlord-tenant law allows the landlord to deduct from the security deposit for unpaid rent, damage to the property, or failure to comply with the lease agreement. It is essential to note that security deposits cannot be used to cover normal wear and tear.
51 shall give the tenant or lessee the right to recover any portion of the security deposit wrongfully retained and three hundred dollars or twice the amount of the portion of the security deposit wrongfully retained, whichever is greater, from the landlord or lessor, or from the lessor's successor in interest.
4701. The notice to vacate must allow the tenant at least five (5) days from the date of its delivery, not mailing, to vacate the leased premises. La. Code Civ.
In any month-to-month agreement (whether residential or non-residential) Louisiana Civil Code 2728 will seek to prevent a party who has had such an agreement terminated from going through undue hardship by requiring that ten (10) days' notice must be issued and received by the party said amount of days.
Landlords have to give back the security deposit to their tenants. If they decide to keep a part of the deposit, they must provide the tenant with an itemized receipt that explains the specific deductions made from the deposit. This receipt should clearly state the reasons for withholding the funds.
In Louisiana, a driver cannot go over 55 mph unless there is a speed limit sign on the road that adjusts this standard. This law (LRS ) means that the max speed can be lower or higher than the general 55 mph rule.
