BOND

BONDS

• What happens to my Bond?
• Does the Lessor have to give it back?

Answer these questions in the Comments Section below and then read on the see if you are correct.

In the Tenancy Details,Item 11 sets out the amount that a Landlord may require a Tenant to pay before they enter into the lease. 

The Clause referred to in Item 11 takes you to a Clause in the Standard Terms. 

These Standard Terms (Agreement Rules) that relate to a Rental Bond.

 

The Landlord must deposit any Bond paid with the Residential Tenancies Authority and a tenant can object to attempts to retain all or part of the Bond at the End of the Lease. 

Further Standard Terms that relate to a Bond are Clause 14. There are specific rules and requirements for retention of a Bond by a Landlord and the process required in that regard on the Residential Tenancies Website. 


For further tips on Bonds go to Rentals Bond, Deposits and Utilities on the Residential Tenancies website for more information. 

Please note that this page should not be construed as providing specific legal advice and is information of a general nature only. For specific questions you should contact a solicitor or refer to the Residential Tenancies Authority website.