Posted on 18 September 2011. Tags: Bond Assist, Bond Insurance, Tenant Bonds
Recently there has been an amendment made to the Tenancies Act, that allows some flexibility to Landlords when it comes to tenancy bonds. The bond guarantee system makes renting a house cheaper for tenants and gives landlords more protection against tenancy damage and rental arrears. BondAssist is an example and is financial guarantee to the landlord that costs can be covered.
Read the full article here: Issued by NZ Guarantee Limited – 10 September 2011
About BondAssist
BondAssist is a 3 year financial guarantee providing landlords with 5 weeks bond protection in the event of an approved tenant breaching the terms of a signed residential tenancy agreement. BondAssist is issued by Southsure Assurance Limited and distributed by NZ Guarantee Limited. NZ Guarantee believes the information in this publication is correct, and that it has reasonable grounds for any opinion or recommendation found within this publication on the date of this publication. However, no liability is accepted for any loss or damage incurred by any person as a result of any error in any information, opinion or recommendation in this publication. The information contained in this publication is general in nature. This publication is for the use of persons in New Zealand only. Copywrite in this publication is owned by NZ Guarantee Limited. You must not reproduce or distribute content from this publication to any part of it without prior permission. Visit -
www.bondassist.co.nz/
