RESIDENTIAL TENANCIES ACT 1997 - SECT 96 What is the maximum bond?
RESIDENTIAL TENANCIES ACT 1997 - SECT 96
What is the maximum bond?A rooming house operator must not demand or accept a bond that exceeds—
(a) in the case of a fixed term rooming house agreement, the equivalent of 28 days rent; or
(b) in any other case, the equivalent of 14 days rent.
Penalty: 60 penalty units.