How Much Is A Bond For A Rental

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How Much Is A Bond For A Rental. A rental bond is money paid by the tenant at the start of a tenancy agreement. Comparison Quotes with Great Rates Fast Responses.

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When an owner has a claim this. A rental bond is a cash security to protect the owner against damage to the property or other valid amounts owing to the owner by the tenant at the end of the tenancy. Usually applicants with a FICO of 650 or more pay an annual premium of 075 to 25 or between 187 and 625Applicants with.

The rental bond is financial protection in case theres a breach of the lease agreement.

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