Top 5 tips for bond refunds

15/03/2022

Getting your bond back at the end of your tenancy should be an easy process. Prevent any issues with getting your bond back. Have a read through our tips.

  1. During your tenancy you should stay on top of repairs and maintenance. If anything needs fixing tenants should notify the landlord as soon as possible.

2. Keep the property reasonably clean and tidy and take any suggestions from your last inspections front of mind. That way there will be time to sort out any problems before you move.

3. At the end of the tenancy if there’s outstanding costs, the tenant and landlord can agree to split the bond. Part of the bond is to be refunded to the landlord to cover their costs and the rest is refunded to the tenant.

4. Send the bond form away as soon as possible. Landlords should send the completed bond refund form as soon as possible. To avoid delays in getting your bond refunded, make sure the form is fully completed. This means that it is signed by both the landlord and the tenants (and that these signatures match those that were on the bond lodgment form) and that it includes the tenant’s bank account numbers.