What Is Bond Back Guarantee?

When you move into a rental property in Melbourne, you must pay a rental bond. This security deposit is held by the Residential Tenancies Bond Authority (RTBA). The bond is equal to four weeks’ rent and is used to cover any damages or unpaid rent at the end of your lease. The RTBA will hold onto your bond until you move out of the property and provide them with a completed bond refund form. You and your landlord/agent must sign the completed form. Please watch this video to learn more about bond cleaning and bond back guarantee. https://www.bondcleaninginmelbourne.com.au/what-is-bond-back-guarantee/