Each lease has one security deposit paired with it. This means even if more than one person is on a lease, there is only one security deposit held for that lease. For example, if you are in a group of four at a property, there is only one security deposit, even though you likely paid a portion of it yourself (1/4).

Security deposits are paid through your group’s lease ledger, but unlike rent, they are held in a separate account and exclusively used for damages at the end of lease terms. To review more security deposit details, check out the security deposit section in your lease.

Thirty days prior to the lease end date, we will send you a reminder of your lease end date with a unique link to our Move-Out Form. (If you do not complete the form, we will send you a reminder email one week before your move out.) In the Move-Out Form, we will ask you for an address to send your security deposit to. We are required by law to mail your security deposit to you, but we need your forwarding address to do so. If multiple people are on the lease, we will send a check to one person for you to divide up. We are unable to send multiple checks. Baker Street will postmark your refund check within 30 days after your lease expiration date.‍

Before you moved in, the property was cleaned and all maintenance issues addressed. We expect that the property is left in the same or better condition as when you moved in. Any damages above normal wear-and-tear or items that are left behind will be cause for a deduction from your security deposit.

We will email a move out report with a list of damages and the return amount. We will mail the security deposit return to you within 30 days.

Such deductions may include costs of damages, costs of repair of the Premises, unpaid rent or utilities, and any other amounts Tenants must pay under the terms of the lease. If Tenants cause damages that exceed the amount on Deposit, they will pay those excess damages immediately.

If you have any questions or concerns, you have seven days after receiving your list of damages to communicate those to us in writing (via physical post mail). The damages are assessed once all tenants have vacated the property after lease expiration and we are able to do a move out inspection. We compare the Move-Out Inspection report, with our Pre-Move-Inspection report, and refer to the Post Move-In Damage Form you may have completed shortly after moving in. To review the fees for damages and what counts as damage, check out the security deposit section and the fee section in your lease.

Kindly review the following photo examples to minimize fees or deductions from your security deposit.

Hauling & Furniture

• Remove all trash, furniture, cleaning products and personal items from the entire property. This includes inside the house, garage or storage, and yard (if applicable).
• See below for examples of deductions related to hauling:

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Trash & Recycling

• Make arrangements to have your trash picked up before your lease end date. All trash, cardboard, and recycling must be appropriately placed in the relevant bins. The City will not pick up any trash left outside of the bins, and the lids must be able to close properly.
• The City will not pick up large furniture items left on the curb, and all bulky items must be properly disposed of. Please find our guide on Dumping Unwanted Items for your reference.
• See below for examples of deductions related to dumping and hauling:

Wall Damage

• Properly patch and paint any large holes in walls, and remove any nails or mounting fixtures from the walls.
• See below for examples of normal wear-and-tear, which should be removed with a magic eraser:

• See below for examples of wall damage deductions:

Landscaping Damage

• If you are responsible for managing lawn care per your lease, ensure you mow, trim and remove debris such as leaves from all yard areas, sweep driveways and sidewalks.
• See below for examples of deductions (weeds, excessive growth, build up of leaves, damaged grass, etc):

Carpet & Floor Damage

• Lack of proper cleaning during the lease term, or pets can often lead to damage to flooring or carpet. If we find flooring damage beyond reasonable wear-and-tear, you can expect a deduction from the security deposit.
• See below for examples of carpet or floor damage deductions:

Blind Damage

• If blinds were damaged during your lease term, expect a deduction from your deposit. You are also to welcome to properly replace blinds to avoid any fees.
• See below for examples of deductions:

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Other Items

• Smoking in all units is strictly prohibited. If we find evidence of smoking, we may charge a lease violation fee and for any remediation work needed (i.e. an ozone or cleaning treatment).‍
• Replace any missing/burned out light bulbs and or light fixtures.
• Replace batteries in smoke detectors. Ensure all smoke detectors are mounted and functioning properly. If smoke detectors are removed, you may be charged a lease violation fee, as this is a life and safety issue.‍
• If you were provided any keys, mail keys, parking passes, garage openers, or Clubhouse Fobs, please ensure those are left on a counter in an obvious place. Otherwise, we may charge a replacement fee.
• Ensure you replace the furnace filter on a quarterly basis throughout your lease term. See below for a dirty versus clean filter:

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