Here are some renting basics that ensure you get back your security deposit.
One of the most effective ways to keep your deposit intact is to address any issues before they escalate. As such is it vital to carry out regular maintenance to keep everything in tip-top condition. Moreover, you can perform inspections to identify and rapidly fix any issues quickly. When you successfully manage to keep a rental property in the condition it was when you moved in, you can claim your bond.
One of the easiest ways to ensure you get your deposit back is to keep the property well-maintained and clean. However, simple maintenance and general cleanliness are often neglected and left until the last moment. The more you neglect to maintain and keep a property clean the more difficult it becomes later on. When things are left till the end you might have no option but to bring in a professional cleaning outfit.
When you commenced your tenancy you signed a tenancy or lease agreement. This tenancy agreement is a legally binding document of great significance. It clearly stipulates the terms and conditions of your tenancy. In addition, a tenancy agreement highlights your obligations with regard to the property. Another simple way to get your bond back is to comply and adhere to the guidelines set out in the lease agreement. Prior to scheduling a final inspection with the landlord or their representative, you must go through the lease agreement and ensure you’ve complied with all the prerequisites. Finally, it is also important to note that normal wear and tear is acceptable. Wear and tear should not have an impact on your security deposit.
In most instances, refunding the security deposit takes place without incident. However, there are cases where disputes and disagreements take place. Under such circumstances, each country has set guidelines for handling such issues. Both landlords and tenants should take the time to research the law with regard to disputes and dispute resolution. It is also important for either party to fully understand their rights and the correct channels to address disputes.