Renters pay their bond in good faith, but what happens when it ends up in the agent's pocket? Interesting read for the investors and tenants who rely excessively on the honesty of PMs. Tenancy bonds, strata fees, deposit money, rents, false trade invoices are all fair game for the 10% commission. When renting, never had a bond returned without VCAT interference. Exploitation is even more widespread when the tenants are students or foreigners. There is a database for tenants, why not one for PMs or REAs.