What you need to know about rental Bonds Tip 3

Who collects the bond?

The bond is collected by the landlord or property manager.

They are then responsible for lodging the bond with the relevant government bond authority within the legislated timeframe.

Failure to lodge the bond in time may incur fines.

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#property #landlord #propertymanagement #rent #realestate #tenants #properties #investmentproperty

Jason Gwerder
Thursday, 26 November 2020

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