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Old 10-17-2012, 10:30 PM
 
1 posts, read 1,601 times
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Hi All,

I recently moved to NJ (iselin). Im planning to take an apartment near metropark station.

Rent for the apartment is 1350. They asking for 1.5 month as security deposit else 306 non-refundable money for bond.

Im getting confused and not sure which route to take. Though inclined towards bond as i dont need to give such a money as deposit. Additonal - first month rent.

Any help or pointers will be helpful. Is there any catch in bond ?
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Old 10-18-2012, 04:52 AM
 
50,834 posts, read 36,551,301 times
Reputation: 76677
I've no familiarity with bonds for rentals, but it he is saying "non-refundable" it sounds like you won't get it back, while you will get your security deposit back. There is a rental subforum on the Real Estate board, they may be able to help you more with this question.
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