Explanation: Capitals indicate matter added to existing law.
[Brackets] indicate matter deleted from existing law.
* Warning: This is an unofficial, introductory copy of the bill.
The official copy considered by the City Council is the first reader copy.
Introductory*
City of Baltimore
Council Bill
Introduced by: Councilmember Middleton, President Mosby, and Councilmember Stokes
A Bill Entitled
An Ordinance concerning
title
Security Deposit AlternativesFor the purpose of requiring certain lease provisions to create
alternatives besides the traditional
security deposit for residential leases under certain circumstances; defining certain terms; and prohibiting this subsection from limiting a landlord’s ability to require certain qualifications on a residential tenant’s application for a new residential lease.
body
By adding
Article 13 - Housing and Urban Renewal
Section 7-3(d)
Baltimore City Code
(Edition 2000)
Section 1. Be it ordained by the Mayor and City Council of Baltimore, That the Laws of Baltimore City read as follows:
Baltimore City Code
Article 13. Housing and Urban Renewal
Subtitle 7. Residential Lease Requirements
§ 7-3. Information required.
. . . .
(d)
Security deposit alternatives.
(1) “
Security deposit” defined.
(i) In general.
“
Security deposit” means money or any other form of
security given by a tenant to a landlord to be held by a landlord on behalf of the tenant by virtue of a residential lease and shall include:
(A) damage
deposits;
(B) advance rent
deposits; and
(C) pet
deposits.
(ii) Exclusions.
“
Security deposit” does not include any nonrefundable fees or other consideration th...
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