No.
The landlord or agent must send any bond paid to NSW Fair Trading, within 7 days. A lodgement form is needed to do this and can be obtained from any Fair Trading Centre or by calling 13 32 20. Lodgement forms cannot be downloaded from this website as they have a unique barcode.
Bonds can be lodged by posting the Lodgement Form along with a cheque/money order for the bond amount to Renting Services, Locked Bag 19 Darlinghurst, 1300. Bonds can also be lodged in person at any Fair Trading Centre during office hours, 8:30am - 5:00pm Monday to Friday.
After the bond is lodged, all parties should receive an advice of lodgement that includes the unique rental bond number. If the advice is not received, the tenant should contact Fair Trading to confirm that the bond had been lodged. It is an offence for a landlord/agent to request a rental bond from their tenant and then not lodge it with Fair Trading.
During the tenancy, the bond is held by the Rental Bond Board and accumulates interest. The Rental Bond Board is the independent custodian of rental bonds paid by tenants to landlords for residential tenancies. NSW Fair Trading administers the day to day functions of the Board, providing rental bond lodgement, custody, refund and information services.
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