This varies depending on each state and territory, and also changes depending on who lodges the claim. There are time limits placed on both the tenant and landlord for responding to bond and security claims to try and make the process as quick as possible.
Tips
- Respond to any notification from a government bond or security deposit agency as quickly as possible to speed up a refund.
- If a part of the bond is not disputed, that part of the bond may be paid out while the disputed part is being resolved by an authority or tribunal.
- As a tenant, make sure your personal details are updated, including bank account details, with the relevant agent, landlord or state or territory authority.
- As a landlord, make sure your account details are updated with the relevant state or territory authority.
State or Territory Requirements
NT
The landlord must return the bond within 7 business days after the tenant gives up vacant possession of the premises, other than the amount that the landlord is entitled to retain.
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These legal guides provide a brief summary and introduction of the laws and regulations affecting renting. They do not cover all cases and might not apply to your specific rental property situation. It is important that you use this information as a guide only and seek independent Legal Advice or consult the Relevant Legislation. Snug does not accept any liability that may arise from the use of this information.