'Room by room' bonds.

[Glen]

Does anyone have any experience here with room by room rentals, and if so how do they handle the bonds?

Would it be feasible/legal to just to set up the tenancy as a week by week agreement (i.e. 1 weeks notice by either party) and only take a smaller bond equal to one weeks worth or even say $200, but not lodge it with DBH.

Would I be allowed to do this?.....even if the tenants would be happy with this arrangement?

I'm sure I read (somewhere....RTA?) that with a boarding house situation you could do this, but not sure whether you could do the same with 'room by room'.

[muppet]

PM Superdad. He has a room by room rental in Hamilton.

[Glen]

PM Superdad. He has a room by room rental in Hamilton.

Cheers muppet, although I thought he was running more of a boarding house.
Thanks anyway

[Glen]

I've decided to just charge a standard $200 bond per room (regardless of whether its a single or double occupancy) at this stage with a weeks notice by either party, and see how it works from there.

[tpr2]

Interesting question glen.

I will be interested in the outcome. RBR as pointed out to me by Clark Kent are not common in the Auckland market however I am sure they could be.

Are there any Aucklanders doing RBR?