If any co-tenant who has contributed to the bond moves out, a
Change of Shared Bond Arrangement (Form 6) needs to be completed.
The
Change of Shared Bond Arrangement (Form 6) shows the RTA the new distribution of who has contributed to the bond.
All parties to the bond, incoming and outgoing tenants and the lessor/agent must sign the form prior to sending it to the RTA.
The RTA does not usually refund bond money until the tenancy has ended, so the tenant moving out is usually paid their share of the bond by the other other tenants, or by the new tenant moving in.
Further Information
Last Updated: 01 August 2002