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In WA, where must a tenant's security bond be lodged?

Correct Answer

B) With the Bond Administrator at DMIRS

Under the Residential Tenancies Act 1987 (WA), all security bonds must be lodged with the Bond Administrator at DMIRS (Consumer Protection) within 14 days of receipt. Property managers or landlords cannot retain the bond in their own accounts.

Answer Options
A
In the property manager's trust account
B
With the Bond Administrator at DMIRS
C
In the landlord's personal bank account
D
With the local council

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Related Topics & Key Terms

Key Terms:

Bond AdministratorDMIRS14 days
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