Property Management
Under Louisiana law, if a landlord fails to return a security deposit within 30 days of the tenant vacating without good cause:
AThe landlord owes only the deposit amount
BThe landlord may be liable for the deposit plus actual damages plus attorney fees if litigation is required✓ Correct
CThe landlord owes a $100 statutory penalty
DThe tenant must file with the LREC for recovery
Explanation
Louisiana RS 9:3251 provides that a landlord who wrongfully withholds a security deposit may be liable to the tenant for the amount wrongfully withheld plus actual damages, court costs, and reasonable attorney fees if the tenant must litigate to recover.
Related Louisiana Property Management Questions
- Under Louisiana law, a landlord must return a tenant's security deposit within how many days after the tenant vacates?
- A triple net (NNN) lease requires the tenant to pay:
- A Louisiana apartment complex has 50 units with average monthly rent of $900. The annual gross potential income is:
- Which type of lease gives the tenant the right to purchase the property within a specified period?
- In commercial property management, a 'tenant improvement allowance' (TI) is:
- A gross lease in commercial property management means:
- The management fee structure for a Louisiana commercial property is typically based on:
- Security deposits collected from Louisiana tenants must be:
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