ET allows agents and tenants to undertake bond transactions online, without using paper forms.
In this electronic environment:
- unique emails replace signatures, to allow validation and approval of the transaction proposed
- each party to an ET bond has their own secure internet-based user account
- agents' accounts are multiple use
- tenants' accounts are single use.
The Residential Tenancies Bond Authority (RTBA) encourages parties who lodge an ET bond to complete all further transactions electronically.
You may swap to the paper-based process; however, this may require additional verification steps (such as photo ID). Once a paper-based form is accepted, the bond cannot be reverted back to ET.