When leasing a residential rental property, you can be asked to pay a bond up to a maximum of 4 weeks rent for unfurnished properties. Naturally all owners’ properties we manage require this 4 week bond. (Can be 6 weeks if the property is furnished)
If you’re a tenant, you have the option to lodge your bond directly with NSW Fair Trading through the Rental Bonds Online (RBO) service. We are required by law to offer you the RBO service before accepting your bond.
To use the RBO service, we must first send you an email inviting you to open your own RBO account. Once you’ve set up your account, you can pay your bond using a credit card or BPAY.
If you prefer, you can pay your bond directly to us – it’s your choice. We will then lodge your bond on your behalf with NSW Fair Trading.