How Long Does A Landlord Have To Return Bond
How Long Does A Landlord Have To Return Bond? Rental bonds form a significant part of any tenancy agreement. You are entitled to a bond refund when you leave a property at the end of the tenancy period. You will receive your bond amount at the end of your rental agreement, as long as you have not damaged the property or its contents. If the landlord holds your bond, they need to refund it. On the other hand, if the bond is held in a custodial scheme, you need to request the bond through the scheme. However, remember that you cannot claim your bond money until your tenancy period is over. So, how long does a landlord have to return the bond? This is the question that this article focuses on, so read on to find out. What Is A Rental Bond? Rental bonds refer to a certain amount of money that tenants pay to their landlord at the start of a residential tenancy. The bond amount is stipulated in the tenancy agreement, and a receipt is provided after you make the paymen...