Bond disputes are one of the most common problems in the rental sector, but they’re also among the most avoidable. With the right processes in place, both landlords and tenants can enjoy peace of mind.
What is a Bond?
A bond is a security deposit (up to four weeks’ rent) paid by the tenant and held by Tenancy Services. It covers unpaid rent, damage, or cleaning costs at the end of the tenancy.
Lodging the Bond
Landlords must lodge the bond with Tenancy Services within 23 working days. Failing to do so can result in penalties.
Rentall handles all bond lodgement on behalf of property owners, ensuring full compliance with the law and giving tenants confidence their funds are protected.
Avoiding Bond Disputes
Disputes usually arise from:
– Disagreements over cleaning standards
– Claims for damage vs fair wear and tear
– Lack of documentation
To avoid this, Rentall conducts:
– Thorough entry inspections with photos
– Mid-tenancy inspections and reports
– Detailed exit inspections with clear check lists.
Bond Refunds
When a tenancy ends, both parties must agree on deductions. If there’s a dispute, Tenancy Services can mediate. Rentall’s documentation makes these disputes rare and easier to resolve.
Don’t leave it to chance. Choose Rentall for fair, fast, and transparent bond processes. Contact us to learn more.
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