An application for a refund of a bond is usually made after the completion of a tenancy. Once the refund has been released from Rental Bonds Office, the refund is deposited into a person’s nominated account.
Refund applications can be made before a tenancy has been completed if:
- the application is signed jointly by the lessor and the tenant;
- the application is signed by the lessor to be paid to the tenant;
- the application is signed by the tenant to be paid by the lessor; or
- the Australian Capital Territory Civil & Administration Tribunal (ACAT) orders the full, or part of the bond be paid to either party.