From January 30, 2017, changes to the Residential Tenancies Act 2010 will require all property agents and private landlords to be registered with Rental Bonds Online (‘RBO’).  It will become a legal requirement for landlords and real estate agents to invite tenants to lodge their rental bond using RBO. A landlord or agent who fails to do so prior to accepting a bond will be in breach of the Act and may be liable for a penalty of $2,200.

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