Saving money when leaving rental accommodation

In preparing to leave a privately rented property, make sure that the house or flat is left in the best possible condition.

A rental deposit (or bond) is held as security against a property for any damage or undue wear & tear. The bond will be refunded after you vacate the house or flat, provided the property is left in as close as possible to the condition as when your tenancy commenced and there is no outstanding money owed to the landlord or property manager (real estate agent).

If you've arranged private rental accommodation, and you plan to leave when your lease is up (i.e. at the end of your lease term) then:

• be sure to inform your landlord or property agent in writing that you're leaving, and specify on what date you will vacate the house/flat.
• Make sure you are packed and have all your things moved by the specified date. Make sure you include enough time to clean the property.

Ensure you do the right thing by your landlords and don't risk losing your bond by:

• cleaning the house or flat thoroughly
• checking the Inventory provided when you took over the house or flat. Remember the tenant has the responsiblity to repair any damage and replace breakages
• tidying the grounds
• making sure you have all the keys and return them to the real estate agent or landlord
• keeping a receipt to prove to the agent that the carpets have been shampooed at tenant's costs
• make sure the rent is paid up

Always sign a bond release form when you are satisfied.

Where to go next:

• Campus life
• Orientation