A rental bond is a predetermined payment, paid by the tenant, to the landlord or rental agency. The amount varies but is often the equivalent of 4 weeks rent if the weekly rent is $700 or less. If the weekly rent is above $700 per week there is no bond amount limit. A bond is
*Disclaimer: The information in all of our articles is of a general nature only and should not be relied upon as advice. You should seek professional advice for your particular circumstances before entering into any transaction.