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Inside tip · Sydney

Subletting a room in NSW: the most bond the head tenant can ask?

Answer: 4 weeks' rent

A head tenant's bond max is 4 weeks' rent, lodged with Fair Trading within 10 days.

They must not keep the bond in their own bank account. In a co-tenancy, a principal tenant registers on Rental Bonds Online, and each tenant's share goes on the agreement.

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