The bond refund process in NSW is designed to return a tenant’s security deposit fairly after a lease ends. Once you move out, both tenant and landlord should complete a final inspection and agree on any deductions for damage beyond normal wear and tear. The bond is lodged with the NSW Fair Trading’s Rental Bond Board, which holds the funds securely. If both parties agree, the tenant can submit a refund request and receive the full or adjusted amount. If disputes arise, Fair Trading can help resolve them. Understanding this process early ensures tenants take the right steps to maximise their bond return.
To know more, click here- https://www.bondcleaning.sydney/bond-refund-process-nsw-works-tenants-guide/
