Under most Australian residential tenancy laws, what is the usual maximum bond for a home let at an ordinary weekly rent?
Correct Answer
D) 4 weeks' rent
Most states cap the bond for an ordinary residential tenancy at four weeks' rent, including NSW, Queensland, WA and SA at ordinary rent levels. Victoria's equivalent cap is one month's rent. Higher bonds are allowed only in limited cases, such as high-rent properties, so the question asks about the usual cap rather than every exception.
Why This Is the Correct Answer
Four weeks' rent is the standard cap on residential bonds in most states, with Victoria setting the cap at one month's rent.
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