Renting · 5 min read

Bond explained: who holds it and how to get it back

Your bond is lodged with a state authority. Here is how the claim works at the end of a lease.

Bond is usually up to four weeks of rent and is lodged with the bond authority in your state.

At the end of the lease, both sides agree on the refund. If you disagree, the matter goes to your state tribunal.

The entry condition report is your best evidence. Fill it in carefully and keep a copy.