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How much can tenants damage a house … and still get their bond back?⎥Ep. 2081
Manage episode 484410516 series 2620646
In this episode, we discuss what actually counts as “fair wear and tear” — and how much damage a tenant can do before they’re forced to pay.
You’ll learn:
- When landlords can legally take money from the bond to cover repairs
- What the Tenancy Tribunal considers “normal” damage (vs neglect or intent)
- And the wild case where one tenant had to pay $4,500 — just in insurance excesses
Want peace of mind that your property is being looked after? Learn how property management in NZ can help protect your investment.
Register to try Opes+ out for yourself, it's free for everyone to use.
For more from Opes Partners:
- Sign up for the weekly Private Property newsletter
- Instagram
- TikTok
2137 episodes
Manage episode 484410516 series 2620646
In this episode, we discuss what actually counts as “fair wear and tear” — and how much damage a tenant can do before they’re forced to pay.
You’ll learn:
- When landlords can legally take money from the bond to cover repairs
- What the Tenancy Tribunal considers “normal” damage (vs neglect or intent)
- And the wild case where one tenant had to pay $4,500 — just in insurance excesses
Want peace of mind that your property is being looked after? Learn how property management in NZ can help protect your investment.
Register to try Opes+ out for yourself, it's free for everyone to use.
For more from Opes Partners:
- Sign up for the weekly Private Property newsletter
- Instagram
- TikTok
2137 episodes
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