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Property ManagementExcess BondQLDHARD

A Queensland tenant paid a 6-week bond in 2023 when the rent was over $700 a week. The tenancy renewed in 2025. How can the excess above 4 weeks' rent be recovered?

Correct Answer

D) The tenant claims it from the RTA, with all bond contributors signing the excess bond form

The RTA explains that where a tenancy renews after 30 September 2024, the tenant can claim any excess bond amount from the RTA using the excess bond refund form for tenants, which all bond contributors must sign and submit after the renewed tenancy starts.

Answer Options
A
It cannot be recovered, because the bond was lawful when it was first paid back in 2023
B
The agency refunds it from trust when the tenant asks, without involving the RTA
C
It is applied automatically against the next rent payments under the renewed lease
D
The tenant claims it from the RTA, with all bond contributors signing the excess bond form

Why This Is the Correct Answer

After a renewal, excess bond above the new cap is claimed from the RTA on the excess bond form.

Why the Other Options Are Wrong

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