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Jessica
Consultant
Chris The Lawyer, Expert
Hi
I am a New Zealand lawyer based in Wellington and will help you with your question today. Please give me a minute to read the question
Chris The Lawyer, Expert
Do you mean holding a tenancy bond in a private trust?
Chris The Lawyer, Expert
Section 19 of the Residential Tenancies Act requires bonds to be paid to Tenancy Services so a private bond trust would not be legal
Chris The Lawyer, Expert
Glad to help