A “lease” or “residential tenancy agreement” is signed when you agree to rent a property for a period of time. Do not sign a lease unless you fully understand the terms and conditions in the document, as it becomes legally binding after you sign it.
You may have to pay a rental bond (often four weeks rent), which is refunded when you leave the property, provided you leave it in a clean and undamaged condition with no rent owing. Rent is usually paid two or four weeks in advance.
For more information, please contact:
NSW Office of Fair Trading
Also to view current homes to rent or buy, try the following websites