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A rental bond is money paid by the tenant as a guarantee in case they break the rent agreement.

A landlord or agent can ask the tenant for a rental bond before they rent a premises.

If the weekly rent is less than $300, no more than four weeks rent can be charged as a rental bond. There is no limit if the weekly rent is more than $300.

All rental bonds are looked after by the Rental Advice Board (RAB).

What happens to the rental bond when the tenant moves out?

For information about what to do when the tenant and landlord or agent do not agree on how the bond should be refunded go to the Refund Disputes page.

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