Getting my bond back

August 22, 2016

 

One of the most stressful things about moving out of a rental property at the end of a tenancy is getting your bond back.

 

A rental bond is a security deposit you pay at the start of a tenancy and is lodged with the RTA (residential tenancies authority).  If you look after the property and have no outstanding rent owing, then there is no reason why your bond shouldn’t be returned in full at the end of the lease.

 

How do I protect myself against the lessor/agent claiming for unreasonable damages?  It is important that when you start a tenancy you carefully complete the entry condition report.  This report records the condition of the property at the start of the tenancy and is used if there is a dispute about the condition of the property when you move out.  So make lots of notes and take lots of photos for the entry condition report.  The extra work could save you hundreds of dollars.

 

It is also important to remember that fair wear and tear should not impact your bond refund.  Fair wear and tear is considered what happens during normal use, or changes that happen with ageing.  An example of fair wear and tear may be carpet that is worn in high traffic areas.

 

An agent cannot simply decide to deduct money from your bond.  Both tenant and the lessor/agent must agree and sign the bond refund form before any deductions can be made.  In the case of a disagreement the RTA has a dispute resolution service which you should utilise if you feel the agent or landlord is being unreasonable.

 

Getting your bond back at the end of your lease shouldn’t be stressful.  If you ensure that you complete your entry condition report thoroughly, look after the house, report any maintenance issues promptly and keep up to date with your rent, then you shouldn’t have an issues.

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