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Residential Tenancies Act 1986

Tenancy agreements - Key money, bonds, and rents

22: Agreed applications to chief executive for payment of bond

You could also call this:

“When both the landlord and tenant agree, they can ask for the bond money to be paid out”

When you or your landlord want to get the bond money back, you can both agree on how to do it. You need to fill out a special form that the government provides. This form is called an ‘approved form’.

You can ask for all of the bond money or just part of it. When you fill out the form, you need to show that you and the other person (either you or your landlord) agree on what should happen with the money. You can do this in two ways:

  1. You can both agree on how the money should be paid out.
  2. You can ask for the money to be paid to the other person.

Once you’ve filled out the form properly, the person in charge (called the chief executive) must pay the bond money exactly as you’ve asked on the form. They don’t have a choice - they have to do what the form says.

Remember, this is all about the bond money that was paid at the start of your tenancy. It’s a way for you and your landlord to sort out what happens to that money when your tenancy ends or if you need to use it during your tenancy.

This text is automatically generated. It might be out of date or be missing some parts. Find out more about how we do this.

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM95053.

Topics:
Housing and property > Renting
Money and consumer rights > Banking and loans
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“Telling the government when your name or address changes for your rental bond”

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22A: Applications to chief executive for payment of bond without agreement of other party, or

“How to ask for your bond money back when the other person doesn't agree”

Part 2 Tenancy agreements
Key money, bonds, and rents

22Agreed applications to chief executive for payment of bond

  1. This section applies if—

  2. at any time a landlord or a tenant applies in the approved form for payment of a bond, or part of a bond; and
    1. the application is made—
      1. with the agreement of the other party; or
        1. in favour of the other party.

        2. The chief executive must pay the bond (or, as the case requires, part of the bond) in accordance with the terms of the application.

        Notes
        • Section 22: replaced, on , by section 18 of the Residential Tenancies Amendment Act 2010 (2010 No 95).