Commercial Rental Guarantee Bond Form Nsw
Description
How to fill out Lease Deposit Guarantee Bond?
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FAQ
The Rental Bond Board is the independent custodian of rental bonds paid by tenants to landlords or their agents for residential tenancies. Day-to-day functions including rental bond lodgement, custody, refund and information services are provided by NSW Fair Trading.
You can lodge a retail bond using a paper form or, if your landlord or agent offers it, Rental Bonds Online. If you choose to use a paper form, your landlord or agent will need to give you a Rental Bond Lodgement form to sign. They must then complete the form and post it to Fair Trading.
A rental bond cannot be more than four weeks rent. Higher bonds cannot be charged for tenants with pets or children. A bond covers the tenancy of the whole property, not each individual tenant. If a landlord agrees, the bond may be paid in instalments.
The main advantages of giving the landlord a cash bond are: it's held by the NSW Government.
Hear this out loud PauseIt acts like a security deposit in case you break the terms of the lease. You can pay the rental bond: to your landlord or agent, who will submit it to NSW Fair Trading, or. directly to NSW Fair Trading through the rental bonds online service (your landlord or agent will email you an invitation so you can do this).