Yes. You are required to pay four (4) weeks rent worth of bond which can be paid directly to the RTA (details given in your approval email). Your bond and the first two weeks rent must be paid before the tenancy commences and we hand over the keys. The bond held for the duration of the tenancy with the Residential Tenancies Authority.

Upon vacating the premises the bond will be refunded once it is determined that the property has been left in the same condition as at the commencement of the tenancy, and that there are no outstanding monies owing.