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Note each party has a total of 10 days to respond to any request....Getting your bond refunded. Payment MethodEstimated TimeElectronic funds transfer (EFT)24 - 48 hoursCheque5 -10 business days1 more row
Once they've received a deposit, landlords and letting agents have 30 calendar days to protect it. If they don't, they could be liable to repay the full deposit plus, up to three times the deposit amount to the tenant.
You will normally complete a bond lodgement form. The bond money is then lodged into a joint account between you and the landlord, which normally accrues interest for the tenancy term. Your rental bond will be released at the end of your tenancy, where you may receive a full or partial refund.
If you want to make a claim, you need to notify us of that claim within 28 days so that we can contact the tenant and get them to respond. If you try to claim outside of the 28 days we may not be able to help.
Rental Bonds Online is a service helping tenants, agents and self-managing landlords lodge and refund bond money securely and easily. NSW Fair Trading encourages everyone involved in the process of renting to use this service.
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A maximum of four weeks rent for a bond may be charged to tenants, and once received (generally before the tenants move into the property), the bond should be lodged with the Department of Building and Housing within 23 working days.
If the landlord/agent does not deposit the bond within the required period, they can be fined up to $2,200.
How do I pay my bond? Your property manager will ask you to sign a bond lodgement form and will lodge your bond with Tenancy Services within 23 working days.
Landlord's responsibility. First, the deposit must be protected within 30 days of your landlord receiving it. The landlord must also provide you, as the tenant, with certain written information within that 30 day window.
If the deposit hasn't been protected within 30 days of payment and you haven't been given any information, you can claim up to three times the amount of the deposit paid to your landlord and agent. You have up to six years to make a claim for an unprotected deposit.

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