News in brief: Exit report and quick bond refunds – tips for tenants
Follow these simple steps to speed up the bond refund process.
When both the tenant and the property manager/owner fill out and sign the bond refund form it is known as an ‘agreed bond refund’. Agreed bond refunds are processed and paid out within 2 business days.
When a form is not signed by all parties, the RTA will issue a Notice of Claim to all unsigned parties to provide an opportunity for them to agree or dispute the claim.