There is no minimum requirement to take a bond in Queensland. For general tenancies, the law says if the rent is $700 or less per week, the maximum bond amount is four weeks’ rent. If the weekly rent is higher than $700, the…
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A rental bond is a security deposit paid by the tenant at the start of a tenancy. It is held by the RTA and is paid back to the tenant at the end of the tenancy provided no money is owed…
There is quite a lot pf paperwork involved with placing a new tenant, and your Agent takes care of it all for you. The three most important documents are: General Tenancy Agreement (RTA Form 18a) – Commonly known as the ‘Lease’, this details…
The Department of Housing provides Bond Loans to tenants who are on a low income, providing they meet certain criteria. Most agents will accept Bond Loans. Once tenants are approved for a rental property, they can apply for a Bond Loan….
A Rental Bond is lodged with the Bond Authority under two signatories – the Tenant and the Agent (on behalf of the Owner). At the end of a tenancy, the Bond money can only be released if both parties agree in writing. Once…
At the end of a tenancy, tenants are required to hand the property back to the Agent in the same condition than when they moved in – minus fair wear and tear. They will usually be asked to hand in…
No, they don’t. A Management Agreement states that the agent can sign official RTA forms on the owner’s behalf. Therefore, where there is provision for the ‘Owner’ to sign, the Agent signs as their representative.