In SA, what is the maximum bond (security deposit) a landlord can require for a residential tenancy?
Correct Answer
B) 4 weeks' rent (or 6 weeks if the weekly rent exceeds a prescribed amount)
Under the Residential Tenancies Act 1995, the maximum bond is generally 4 weeks' rent. For higher-rent properties (where rent exceeds a prescribed threshold), the bond may be up to 6 weeks' rent.
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