Bond is money that a landlord can ask tenants to pay as security when they move into a property.
The Bond is held by Tenancy Services and can be used to cover unpaid rent, damage to the property or any claim relating to the tenancy.
If you’re a tenant and you properly look after your property, and pay your rent in full, you should get your bond refunded after you move out.
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Landlords who charge a bond must lodge it with Tenancy Services within 23 working days using our bond lodgement form.
Landlords and Tenants can now lodge bonds with Tenancy Services using the online bond payment system.
Bond is normally refunded at the end of a tenancy by submitting a completed bond refund form, unless there is a dispute about any outstanding issue.
At the end of a tenancy, the tenant can ask to transfer the bond to a new tenancy, rather than getting a refund. This can only happen if both the old landlord and the new landlord agree.
When the landlord, property manager or tenant of a property changes, the bond record needs to be updated. This means filling out the correct form and sending it to Tenancy Services within 10 working days of the change.
Read our tips on how to prevent problems with bonds during a tenancy.