Make it easier to get paid
The most practical and, in my opinion, most important issue regarding collateral is the ease with which the landlord collects the money.
My experience has taught me that this matter is of the utmost importance.
In doing so, the landlord ‘skips’ the long hurdles to obtaining the disputed payment.
The landlord in this case makes quick self-use to repay his damages, without being dragged into long and expensive lawsuits which sometimes even if he wins, he may not get his money.
The fact that the money is in the landlord’s pocket does not mean that the money does go to the landlord.
But the burden of effort and suffering shifts to the other side; for the tenant, to be dragged into long and expensive trials.