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Bad Tenants Make You Big Money Ever thought bad tenants were (ofcourse they are) , well the key to earning instead of losing from bad tenants is simple to sell all there stuff. It might sound a little mean at first but if done right you can gain everything they own literally. Liquidated damages - damages are said to be liquidated (also referred to as liquidated and ascertained damages) when the amount of damages recoverable in the event of a specified breach (eg late performance) is agreed at the date of the contract. In such circumstances a liquidated damages provision will be included in the contract. When damages are not predetermined/assessed in advance then the amount recoverable is said to be ‘at large’ (to be agreed or determined by a court or tribunal in the event of breach).