EstatePass
Property ManagementBond ManagementNSWEASY

In NSW, how long does a landlord have to lodge a rental bond with NSW Fair Trading after receiving it from the tenant?

Correct Answer

D) 10 working days

Under the Residential Tenancies Act 2010 (NSW), a landlord who receives a rental bond must deposit it with NSW Fair Trading within 10 working days of receiving it. Many bonds are now paid directly through Rental Bonds Online, which removes the handling step altogether.

Answer Options
A
5 working days
B
20 working days
C
14 working days
D
10 working days

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Property Management Question

Sign up free to unlock full analysis

Background Knowledge for Property Management

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Property Management

Sign up free to unlock full analysis

Common Mistakes to Avoid on Property Management Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Key Terms:

NSW Fair Tradingrental bond10 daysResidential Tenancies Act 2010bond lodgement
Was this explanation helpful?

More Property Management Questions

People Also Study

Practice More AU Questions

Access 1,100+ Australian real estate practice questions and ace your Certificate IV.

Browse All AU Questions