Security Deposit Refund Form Template for Australia

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Key Requirements PROMPT example:

Security Deposit Refund Form

"I need an Australian Security Deposit Refund Form for a residential property in Sydney, where the tenant is moving out on March 15, 2025, and we've agreed to deduct cleaning costs from the bond."

Document background
The Security Deposit Refund Form is a crucial document in Australian residential tenancy transactions, designed to facilitate the return of rental bonds held by state-based bond authorities. This form is typically used at the conclusion of a tenancy agreement or when parties mutually agree to a full or partial bond refund during a tenancy. It must comply with state-specific residential tenancy legislation and bond authority requirements, including mandatory fields for property details, party information, refund amounts, and payment instructions. The document serves as a formal record of agreement between landlords and tenants regarding the bond distribution, and may be used in tribunal proceedings if disputes arise. Property managers and real estate agents commonly use this form as part of their standard tenancy termination procedures.
Suggested Sections

1. Property Details: Essential information about the rental property including full address and property identifier

2. Tenant Information: Details of all tenants listed on the lease agreement including full names and current contact information

3. Landlord/Agent Information: Details of the landlord and/or managing agent including full names and contact information

4. Bond Details: Information about the original bond including amount paid, date paid, and bond registration number

5. Refund Instructions: Specification of how the bond should be refunded, including amounts to each party and payment methods

6. Reason for Refund: Indication of whether this is an end-of-tenancy refund or other circumstance

7. Declaration and Signatures: Formal declarations by all parties and space for signatures confirming agreement to the refund arrangement

Optional Sections

1. Claim Details: Section for landlord to itemize any deductions from the bond, used when there are claims against the bond

2. Dispute Resolution: Section outlining dispute resolution process, included when parties don't agree on refund amounts

3. Forwarding Address: Section for tenant's forwarding address, included when tenant is moving out

4. Condition Report Reference: Section referencing final condition report, included when the refund is due to end of tenancy

5. Third Party Authorization: Section for authorizing a third party to act on behalf of tenant or landlord, used when required

Suggested Schedules

1. Evidence of Costs: Attachment for receipts or quotes supporting any deductions claimed by the landlord

2. Final Inspection Report: Attachment documenting the condition of the property at the end of tenancy

3. Identity Verification: Copies of ID documents where required for processing the refund

4. Bank Details Form: Separate form for providing bank account details for electronic refund processing

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Real Estate

Property Management

Residential Housing

Property Investment

Property Development

Financial Services

Legal Services

Relevant Teams

Property Management

Leasing

Operations

Legal Compliance

Administrative Support

Financial Operations

Tenant Services

Asset Management

Client Relations

Relevant Roles

Property Manager

Real Estate Agent

Leasing Consultant

Property Administrator

Tenancy Manager

Bond Administrator

Legal Compliance Officer

Operations Manager

Residential Leasing Manager

Portfolio Manager

Asset Manager

Facility Manager

Private Landlord

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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