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When it comes to renting a property, the security deposit or bond is a key factor. It is a sum of money that is held by the landlord or property manager to cover any damages to the property caused by the tenant. As a tenant, it is important to understand the rules and regulations around the security deposit or bond, so that you can get it back at the end of the tenancy. Here are some best practices to help you get your bond back.
1. Read the Tenancy Agreement: Before you move into a property, make sure to read the tenancy agreement thoroughly. This document outlines the rules of the tenancy and the obligations of both the landlord and the tenant. Understand the conditions of the tenancy agreement, including the rules around the security deposit or bond.
2. Keep the Property Clean: Make sure to keep the property clean and tidy during your tenancy. Clean the property regularly and do not leave any mess behind. This will help ensure that the property is in good condition when you move out, and will make it easier to get your bond back.
3. Report Maintenance Issues: If there are any issues with the property during your tenancy, make sure to report them to the landlord or property manager as soon as possible. This will help to ensure that any problems are fixed quickly and that the property is in good condition when you move out.
4. Take Photos: Take photos of the property when you move in and when you move out. This will provide evidence of the condition of the property and will help to ensure that you get your bond back.
5. Pay Rent on Time: Make sure to pay your rent on time during your tenancy. This will help to ensure that there are no issues with the landlord or property manager when it comes to the security deposit or bond.
By following these best practices, you can ensure that you get your security deposit or bond back at the end of your tenancy. Make sure to read the tenancy agreement, keep the property clean, report any maintenance issues, take photos, and pay rent on time. Doing so will help to ensure that you get your bond back.
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