thread: Is this normal practice??

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  1. #1
    Registered User

    Dec 2005
    5,951

    Can't your real estate transfer the bond from your exisitng property to the new one?

  2. #2
    Registered User

    Jan 2010
    Canberra
    397

    We had to do the same, it depends on different real estates as some only take 2 weeks rent and some 4 weeks rent, I think the reason being is cause the landlord wants the rent paid monthly in advance. We pay fortnightly but a month's worth of rent has to be paid by the 1st of every month.

  3. #3
    Registered User
    Add ~clover~ on Facebook

    Sep 2007
    travelling
    9,557

    I'd ask about transferring the bond too. We've done it before. & maybe pay some extra rent now & get ahead & ask them to put that towards the next place too?

  4. #4
    DoubleK Guest

    we've always had to pay the bond (equal to 4 weeks rent) and then pay the actual rent.. which is 4 weeks in advance. what i hate is t hat you need ot have that money ready if your application is approved, even if you still have to give 2 weeks notice to your current landlord.