Request For Security Deposit Letter Template for New Zealand

The Request For Security Deposit Letter is a crucial document in New Zealand's residential and commercial property rental process, typically issued after initial tenant approval but before the signing of the lease agreement. This document serves as a formal written request for the security deposit (bond) payment, which under New Zealand law can be up to four weeks' rent for residential properties. The letter includes essential information such as the property details, deposit amount, payment instructions, and details about the bond lodgment process with Tenancy Services. It helps establish a clear paper trail for the security deposit transaction and ensures compliance with New Zealand's Residential Tenancies Act 1986. The Request For Security Deposit Letter is particularly important as it sets clear expectations and provides documented evidence of the deposit request, which can be crucial for both legal compliance and dispute resolution.

1. Recipient Details: Full name and address of the prospective tenant

2. Property Identification: Complete address and details of the rental property

3. Security Deposit Request: Clear statement of the security deposit amount required

4. Deposit Amount Justification: Explanation of how the deposit amount was calculated (e.g., 4 weeks' rent)

5. Payment Instructions: Detailed instructions for how and when to pay the security deposit

6. Bond Lodgment Information: Information about how the bond will be lodged with Tenancy Services

7. Timeframe and Deadlines: Clear statement of when the deposit needs to be paid

8. Contact Information: Landlord or property manager's contact details for any questions