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ILAC ESSAY FORMAT Fact scenario: Sia owns a 3 bedroom property in Manurewa that she wants to rent out starting from December 2022 for $800

ILAC ESSAY FORMAT

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Fact scenario: Sia owns a 3 bedroom property in Manurewa that she wants to rent out starting from December 2022 for $800 per week. After interviewing possible tenants, she has found one that she really likes. Latisha seems professional, is a non-smoker, and says he has two friends ready to move in with him to help pay the rent. She is ready to sign up a lease but knows that you are an expert in residential tenancies so she has asked you some questions first. Question: Sia wants Latisha to pay some rent up front, and also to pay a bond. How much can she ask her to pay for advance rent? How much can she ask her to pay for bond, and what does she have to do with the bond

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