Limit Scope of Owner's Exculpation Clause

July 31, 2011
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An office building or retail tenant that rents space from an owner that refuses to refund its security deposit or excess prepayment—or won't acknowledge a credit or pay them a judgment—may be forced to sue the owner to recover the money it's owed. And if its lease with the owner has an “exculpation” clause, it may be hard to collect, even after costly litigation.

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