When you rent any home in W.A., whether it is a house or an apartment, you will need to pay a bond. This bond is kept in trust for the duration of your tenancy and is refunded in full provided you leave the property in the same condition as when you moved in.
Getting your bond back isn’t a given. When you are preparing to move out at the end of your lease, your property manager will inspect the property and check for things that may need to be repaired or need extra attention. Keep in mind; if you don’t fix the issues yourself, your property manager has the right to take the amount for repairs out of your bond. If there are a lot of repairs needed there’s the possibility you won’t get back any bond at all!
In this article, we’ve included six tips that will help you to get your bond back in full.
1. Perform an inspection
When you first move into a rental property you need to conduct a thorough inspection. Take photographs that show the condition of the home. Take note of any damage that already exists; pay close attention to the state of walls, carpets, ceilings and windows and note down the condition of the garden. List the condition of each room in the property condition report (along with supporting photos) and lodge this information with your property manager. You’ll be able to use this report and photos as evidence of the property condition when you move out. Doing so will ensure that you are not held liable for any existing damage.
2. Maintain the carpets
Carpets attract a lot of dirt and stains in rental properties. Carpet is expensive to replace which is why it is important to it in good condition during your tenancy. Vacuuming and cleaning up stains as soon as they happen is good practice. It’s also a good idea to have a doormat outside and requests any visitors with dirty shoes to leave them at the front door.
3. Smoke outside
We cannot stress the importance of not smoking in the house. If you do smoke in your rental property, carpets, curtains, walls, ceilings and even furniture absorb the smell. If the walls need to be repainted or the carpets deodorised this may be deducted from your bond.
4. Document all cleaning and repairs you carry out
If your property manager has asked you to attend to repairs or further cleaning of the rental property be sure to keep supporting documentation such as invoices or written quotations. Having a paper trail may come in handy.
5. Be present at inspections
If possible, we suggest that you attend the final property inspection. It’s a valuable opportunity to have a chat with your property manager and ensure the rental property is presented to their expectations. Your property manager will be able to show you areas that need a little extra cleaning or repairs – it’s handy if this can be done face-to-face.
6. Stay to the end of your lease
If you break your lease early, you may find that you’re required to pay rent until a new tenant is found. You may have to pay the cost for re-advertising the property or financially compensate the owner for re-letting the home. Break lease charges will eat into your bond.
Finishing your lease and getting access to your bond isn’t difficult provided you know what is required of you. Just follow the steps above and you’ll be in the best position to get your bond back.