It’s a requirement in Australia for it to be paid to the government bond agency. Typical method of paying it is a cheque payable only to the bond authority. Once you hand back the keys at the end of the lease you can apply directly to the bond agency for it to be refunded to you and the landlord needs to formally object to claim any of the bond.
That sounds like a way more reasonable system! As far as I’m aware it’s not super common here (Netherlands) for landlords to not pay back the deposit but it is entirely in their hands :(
Well, still plenty of dogdy landlords who take advantage of people who don’t know about that requirement and either take it for themselves or push renters towards “resolving disputes between themselves” and not involving the bond authority at end of lease time.
It’s a requirement in Australia for it to be paid to the government bond agency. Typical method of paying it is a cheque payable only to the bond authority. Once you hand back the keys at the end of the lease you can apply directly to the bond agency for it to be refunded to you and the landlord needs to formally object to claim any of the bond.
That sounds like a way more reasonable system! As far as I’m aware it’s not super common here (Netherlands) for landlords to not pay back the deposit but it is entirely in their hands :(
Well, still plenty of dogdy landlords who take advantage of people who don’t know about that requirement and either take it for themselves or push renters towards “resolving disputes between themselves” and not involving the bond authority at end of lease time.