Early this month, Tenancy Services released new versions of its bond forms. We have a quick chat with Allan Galloway, MBIE National Manager of Dispute
Resolution about the new forms, how they improve on the bond process, common bond related mistakes and how to avoid them. 

Q: Tenancy Services recently revised its various bond forms. Are the new forms intended to improve the internal
processing or bonds?

A: Tenancy Services has updated its bond forms to make it easier for both landlords and tenants to complete
them. The lodgement and refund forms are now one page, to help users print and submit them, and extra detail has been added to the forms so we get
all the right information the first time, reducing the need to go back to the submitter as often. Tenancy Services encourages property investors and
landlords to update to the new bond forms.

Q: What are the different forms available under the latest revision?

A: Bond lodgement form

Additional tenants bond lodgement form

Bond refund form

Additional tenants bond refund form

Change of tenant form

Change of landlord/agent form

Bond transfer form

 

Q: Are the old forms going to be phased out any time soon?

A: The old forms will still be accepted, however, we are encouraging everyone to change
to the new forms as they are much easier to use and will help us get all the right information the first time, so we don’t need...