Managing Your Property
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
General Landlording & Rental Properties
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hemlane-a9392011949df124ea8ee63be2fb270c9423d6cd446ec67af23c96616e618606.png)
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
![MARK S KING's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2018255/1724007886-avatar-esquiredeluxe.jpg?twic=v1/output=image/crop=312x312@99x10/cover=128x128&v=2)
Rental Bond vs. Tenant Security Deposit
As a landlord, I am entertaining the concept of a Rental Bond in place of a traditional Tenant Security Deposit, but I have no experience with the Rental Bond product. Does anyone have any pertinent "words of wisdom" for me based in experience? My specific concerns relate to whether filing a claim against a bond introduces a substantial administrative hurdle that (when compared to the ease of converting a security deposit) makes a Rental Bond undesirable? Does anyone have any experience in making a claim against a Rental Bond. What are my blindspots here?