Landlord-Tenant—Lease Permitted Early Termination on Condition That Security Deposit Be Forfeited—Liquidated Damage Provision Enforceable— Interpretation of Lease Provisions —Lease Clause Was Not Unconscionable Under Real Property Law §235-c
A landlord commenced a proceeding against former tenants to recover unpaid rent and late fees. The lease which had been prepared by the landlord, provided for a term of one year from July 1, 2008 to June 30, 2009 at $775 per month “for an annual total of $9,300 together with the payment of a security deposit of $750.”
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