Property Management
A Tennessee landlord who fails to return a security deposit within the required period under URLTA may be liable for:
AOnly the deposit amount
BThe deposit amount plus damages, including potentially double the deposit✓ Correct
CNothing if the tenant owes back rent
DOnly the deposit if a court orders its return
Explanation
Under Tennessee's URLTA, a landlord who wrongfully withholds a security deposit may be liable for the deposit amount plus damages, and courts may award additional damages for the wrongful withholding.
Related Tennessee Property Management Questions
- In Tennessee, a 'gross lease' in commercial real estate means:
- In Tennessee, 'effective rent' differs from 'asking rent' because effective rent:
- A property manager who receives a vendor invoice for emergency HVAC repairs at a managed property should:
- In Tennessee, which of the following would be considered a 'material breach' of a lease by the tenant?
- In Tennessee, a 'gross lease with stops' means the landlord pays operating expenses up to a specified amount (the stop), and the tenant pays:
- In Tennessee, a residential property management company that manages properties in counties covered by URLTA must comply with which notice requirement when terminating a month-to-month tenancy?
- A property manager in Shelby County must comply with the URLTA because:
- A Tennessee property manager receives a security deposit. Under URLTA, the manager must:
Practice More Tennessee Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Tennessee Quiz →