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Wash. Rev. Code § 59.18.670

Citation
Wash. Rev. Code § 59.18.670
Jurisdiction
Washington (state)
Source verification
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tenant to the landlord pursuant to the lease; and
(B) If the insurance provider requires the landlord to first attempt reimbursement from the tenant before filing a claim, that payment of the fee in lieu of a security deposit does not preclude the insurer or the landlord from proceeding against the tenant to recover any unpaid amounts due to the landlord pursuant to the lease and unpaid costs to repair damage to the property for which the tenant is responsible pursuant to the lease but never to include any sums for wear resulting from ordinary use of the premises, together with reasonable attorneys' fees.
(ii) Such disclosures to the tenant must be in substantially the following form:
YOU MAY PAY A MONTHLY FEE INSTEAD OF A SECURITY DEPOSIT. This fee is not a security deposit and will not be refunded when you move. By paying this fee the landlord is permitting you to move into the housing unit without paying a security deposit. If you do not make all payments or you damage the premises beyond wear resulting from its ordinary use, you may be required by the landlord, an insurance company, or a debt collector to pay the unpaid amounts, including costs of repairing the damages in excess of wear resulting from ordinary use of the premises.
Washington state law may allow you three different options:
(1) Paying the full security deposit upon signing the lease.
(2) If applicable, paying the full security deposit and other move-in fees in up to three installments (see below for more detail).
**some local laws provide for a longer period of time.
(3) If offered by your landlord, paying a monthly deposit waiver fee instead of a security deposit. If you choose this option, you will not pay a security deposit or last month's rent in advance. Your recurring monthly charge will be