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Getting your bond back at the end of your tenancy can be one of the most difficult aspects of share fair trading bond number. This is why it is very important that you are clear about fair trading bond number rights about the bond and make sure you do the necessary paperwork when you move in. You may still have difficulties recovering the bond but at least you will be in a better position if things go wrong. There is only one bond for one tenancy agreement, the landlord cannot make you to pay more bond because the rent has increased under the original Residential Tenancy Agreement.
In a co-tenancy the rental bond fair trading bond number usually fair trading bond number paid to the landlord by all the tenants and lodged with Renting Services under all the names. You should receive a receipt from Renting Services with a rental bond number. At the end of the tenancy, if you have not damaged the place and do not owe any rent, you can claim your bond directly from Renting Services. If you have damaged the place or are behind in the rent the landlord can claim part or the entire bond.
If the landlord makes no claim on the bond, it should be paid in full to the tenants. In order for Renting Services to release the bond, it will need the signature of all the tenants registered with the bond — or if this is not possible, a statutory declaration from the current tenants in the house stating that they are legally entitled to the bond.
Problems can arise in share houses if there is a dispute between housemates about how the bond should be divided.
Mediation with a community justice centre might help you reach an agreement without having to fair trading bond number to court see Contact Points. If you are a co-tenant in a periodic agreement ending your tenancy, but the remaining tenants intend to stay in the premises and continue the tenancy, you are entitled to be paid out your share fair trading bond number the bond when you leave.
You can ask former housemates to pay back your share of the bond, and they are required to pay within 14 days of your request. They are entitled to deduct any rent that is outstanding or other reasonable costs associated with the residential premises from your bond. Once you have been paid out your bond money by the remaining occupants, you will not be entitled to payment of any of fair trading bond number money lodged with Renting Services at the end of the tenancy agreement, when everyone moves out.
If the remaining tenants do not pay the leaving co-tenant their share of the bond money, you can make an application to fair trading bond number New South Wales Civil and Administrative Tribunal NCAT for an order that your share of the bond will be returned to you. If you are a sub-tenant with a written agreement, the head-tenant should lodge your bond with Renting Services. Then if there is a dispute when you are moving out, you have proof that bond was paid and can apply to NCAT for an order for your bond to be refunded to you.
Tell your head-tenant that you will go to the Tribunal if it becomes necessary — this might encourage them to return the bond without having to go to the Tribunal. The Tribunal can make an order that the head-tenant refund your bond as well as referring the matter to the Commissioner for Fair Trading because your head-tenant failed to lodge the bond — which could mean they will be prosecuted or fined if the Tribunal finds in your favour.
The proprietor is not fair trading bond number to lodge the security deposit with Rental Services. At the end of your occupancy, the proprietor can withhold some or all of the deposit for any damage to the property, for any rent you owe, for cleaning and for the cost of changing any locks you replaced.
The proprietor must repay you the security deposit within 14 days of your agreement ending. If you are a boarder or lodger not covered by the Boarding Houses Actthere is no set amount of bond that the landlord can charge.
Ask for a receipt that shows what the payment is for. What your bond covers will depend on what you and fair trading bond number landlord agreed to, and it does not need to be lodged with Renting Services. Encourage the landlord to lodge the bond in case you have problems getting your bond back.
In share houses, housemates often come and go without a new tenancy agreement being drawn up. What usually happens is that the tenant moving in pays the share of the bond of the tenant moving out, either to that person or to the people whose names are on the lease.
If you do this, you should always get a receipt for any money paid. Importantly, you should also arrange to have the names changed on the bond registration with Renting Services.
The person moving out and the person moving in, as well as the remaining occupants and the landlord must sign the form. Another common but less formal method is for the person leaving to give you a signed letter saying that you have paid their share of the bond and it now belongs to you.
You will have to show this letter to Renting Services when you claim the bond at the end of the tenancy. Fair trading bond number the original signatories to the bond have moved fair trading bond number and you have no proof that you share the bond, you will have to sign a statutory declaration that you are legally entitled to the bond for it to be returned to you.
A letter from the landlord or agent saying that they have been fair trading bond number rent from you and recognise you as a tenant will also help to convince Renting Services that the bond is yours. Consult Renting Services for further information see Useful resources.
Co-tenants In a co-tenancy the rental bond will usually be paid to the landlord by all the tenants and lodged with Renting Services under all the names. Sub-tenants If you are a sub-tenant with a written agreement, the head-tenant should lodge your bond with Renting Services. One tenant in, one tenant out, tenancy agreement the same In share houses, housemates fair trading bond number come and go without a new tenancy agreement being drawn up.