rental bonds online

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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