OurProperty gives you control over how the required bond is calculated and if your agency requires 6 x weekly rent for bond if the weekly rent exceeds a set value.

Bond Limit should also be set for the Lease component as well - Click Here to learn more.

  1. Log in to your agency's Office Manager account and go to your agency Settings and locate 'Tenant Acquisition'.

2. Locate the 'Bond Required Amount' and 6 x Weekly Rent Bond Limit' settings

'Bond Required Amount'

This settings allows you to select if bond is to be calculated as '4 x weekly rent' or '1 x monthly rent'

'6 x Weekly Rent Bond Limit'

This setting allows you to select if bond is to be calculated as 6 x weekly rent if the weekly rent exceeds the value entered.

Example - VIC = $900 (if weekly rent exceeds $900 per week the bond will be requested as 6 x 900)

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