In WA, where must a tenant's security bond be lodged?
Correct Answer
D) With the Bond Administrator at Consumer Protection
Under the Residential Tenancies Act 1987 (WA), security bonds must be lodged with the Bond Administrator, part of Consumer Protection, within 14 days of receipt. Landlords and property managers cannot keep the bond in their own accounts.
Why This Is the Correct Answer
WA security bonds must be lodged with the Bond Administrator at Consumer Protection, which holds them for both parties until the tenancy ends.
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