What happens if a co-tenant moves out?
If a co-tenant moves out
– and they have paid a share of the bond – a change of bond arrangement form
will need to be completed in order to refund the departing tenant’s share and
lodge the new tenant’s contribution.
If there is no new
tenant, then the existing tenant(s) are responsible for ‘topping up’ the bond.
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Jason Gwerder
Monday, 30 November 2020