Posted liability limit

Definition

A statutory cap on what a motel owes for a guest's lost property, if it posts.

Why It Matters

The residue term reads the guest's property from the innkeeper's side and this reads it from the guest's. Ohio caps the liability at a hundred and fifty dollars for a trunk, fifty for a valise and ten for a box. The cap is conditional on things a buyer can walk in and count: a metal safe in good order, locks on the sleeping room doors, fastenings on the transoms and windows, and a copy of the statute posted in at least ten conspicuous places. Florida hangs its own cap on a receipt form instead. The protection is free and it is physical, which is the part that bites. A remodel that took the placards down removes the cap with no notice, no renewal and no inspector, and posting the day after closing does not cap a loss a guest suffered the week before.