Tuesday, September 29, 2009

Q & A: How much bond can I be charged?

If your rent is $500 a week or less (that would be most of us), the maximum bond you can be charged is equal to four weeks rent. So if your rent is $100 per week the maximum bond you can be charged is $400. Alternatively if your rent is more than $500 per week (for all those money bags out there!) there is no limit.

Please Note: this is information is for Queensland only and laws may vary from state to state.

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