7 TIPS TO GET YOUR BOND MONEY BACK

So, today is moving day—time to move out of the rental you have been staying in for a specified period of time.

So, today is moving day—time to move out of the rental you have been staying in for a specified period of time. 

When moving out, you want to ensure the property is in the same condition as when you first moved in. Remember, your bond is a large sum of money, and not getting it all back can be distressing.

Believe it or not, getting your bond back is relatively easy, as long as you have taken good care of the property.  

Here are our top 7 tips to ensure you get your bond back.

#1 Accidents happen all the time - just be upfront 

Be transparent and honest about what is damaged in the Perth home. Also, be sure to state what you deem fair wear and tear. We recommend you create a separate list of all damaged or broken items and arrange for a professional to fix these items.

#2 Communicate with your Perth property manager

If there is an item that you are unsure how to fix – talk to your property manager in Perth right away. Being honest with your property manager will keep the relationship transparent, and the operations smooth. If you attempt to resolve the repairs yourself and are not up to standard, you may see yourself paying, even more, to have them fixed again.

#3 Remember your obligations as a tenant

As stipulated by the Tenancy Act, you are to provide the proper notice to vacate the property you are renting, and this even applies to the end of a fixed lease agreement. If you break the lease or fail to provide adequate notice to your property manager in Perth,  you will incur costs. 

#4 Hire the professionals

How clean is your property when you vacate it? Your lease agreement will require you to have a professional steam clean the carpets, and if you have pets, you will have to have the property professional fumigated. In order to get your bond money back, we recommend you follow through with this. 

#5 Vacate the property by the required date

We have seen firsthand, the common practice of tenants not vacating their property by the required date. Make sure you do. Overstaying will incur extra rental costs, and will negate your ability to acquire your bond back. 

#6 It is recommended you attend the final inspection in person 

When your property manager in Perth completes the final inspection, we recommend being in attendance. Take with you some cleaning items, so if there are items that your property manager identifies as not being up to standard, you can resolve these issues right away. At Thought Leaders Real Estate, we also allow tenants to return to the property later, to fix/clean the home as identified by the final inspection. 

#7 Return all the keys, including ones you've had cut 

When it is time to vacate, you will be expected to provide all of the keys you were initially given and any other items (such as garage remote controls and doorbell functionalities) by an agreed-upon time. Failure to do this may incur the cost of replacing those keys or items and often replacing the locks. 

For further advice on rental properties and property management check out our regular blog series. Or, if you are currently looking for a place to rent in Perth, check out our listings.