TAILIEUCHUNG - Tenancy Facts – Information for tenants and residents in Queensland: Rental bonds

When you rent a place to live, you will usually be asked to pay a rental bond. In Queensland, this bond money is held by the Residential Tenancies Authority (RTA) until you move out. The rules about the payment and refund of your rental bond are set out in the Residential Tenancies and Rooming Accommodation Act 2008. When you move out if you do not leave the premises clean, are behind in the rent, or have damaged the premises, your lessor or provider may be entitled to claim money from the bond | Tenancy Facts - Information for tenants and residents in Queensland Rental bonds Tenants Union of Queensland inc When you rent a place to live you will usually be asked to pay a rental bond. In Queensland this bond money is held by the Residential Tenancies Authority RTA until you move out. The rules about the payment and refund of your rental bond are set out in the Residential Tenancies and Rooming Accommodation Act 2008. When you move out if you do not leave the premises clean are behind in the rent or have damaged the premises your lessor or provider may be entitled to claim money from the bond. What is a rental bond A rental bond is money your lessor or provider can ask you to pay as financial security when you rent a place. In Queensland the RTA holds bond Bond receipts The person you pay your bond to must give you a receipt as soon as they receive your bond payment. The receipt must record olod9e b b0nd I shared tenancies Bond refunds Bond disputes i be hond _ Kesolving bond iisp money during the tenancy and administers the bond refund at the end of the agreement. The name and signature of the person receiving the bond It is not compulsory to charge a bond for residential premises. However if a bond is charged it must be lodged with the RTA. Bonds charged for on-campus university accommodation or boarding or lodging accommodation must also be lodged with the RTA even though those types of accommodation are not covered by the Act. For a residential tenancy the lessor or agent cannot ask you to pay a bond or other money for the tenancy other than a key deposit until you are given a copy of the proposed tenancy agreement for the premises. This does not apply to room-only accommodation. Bond checklist How to avoid problems Get a receipt when you pay the bond. The person you pay bond money to must lodge your bond with the RTA. Use an Entry Condition Report to record the condition of the premises at the beginning of your tenancy. Take photographs of the .

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