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  >    >  Sureties and Guarantees (Bonds)  >  Rental Bond

Rental Bond

$100.00

It is a security deposit paid by the tenant to the landlord at the start of the tenancy. This reduces the impact to the cash flow of the tenant whereby they can utilize the cash amount. The bond is paid back to them when the property is vacated, provided no money is owed for rent, damages or other costs.

Documents Required

  • Tenancy Agreement
  • Latest ACRA Bizfile (within 3 months)
  • Latest Audited Financials
  • Bond Format (if any)

Applicable to

  • All Tenants

Case Study
ABC Logistics entered into a sale and leaseback agreement with XYZ REIT. As part of the 7 year agreement, ABC has to put up deposit of 7 months amounting to $5 million. To reduce the impact such a situation has on ABC Logistics’ cash flow, they will then place a Rental Bond issued to XYZ REIT, as opposed to utilizing their cash amount.
Find a Broker
For more information on Rental Bond, please contact us at:

jean@awginsurance.com
+65 6922 7272

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Product Description

It is a security deposit paid by the tenant to the landlord at the start of the tenancy. This reduces the impact to the cash flow of the tenant whereby they can utilize the cash amount. The bond is paid back to them when the property is vacated, provided no money is owed for rent, damages or other costs.

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