In 2026 a Queensland house is let at $1,100 a week (an invented figure). What is the most the property manager may take as a rental bond?
Correct Answer
A) 4 weeks' rent, whatever the weekly rent is
From 30 September 2024 the maximum rental bond for a Queensland general tenancy is 4 weeks' rent, regardless of the weekly rent amount. The earlier exception that allowed a higher bond where rent exceeded $700 a week no longer applies. Moveable dwellings have lower caps.
Why This Is the Correct Answer
The 2024 reform applies the 4-week cap to every general tenancy, whatever the rent.
Why the Other Options Are Wrong
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Five months into a 12-month Queensland fixed-term agreement, the owner decides to move back into the property and gives 2 months' notice on the owner occupation ground. What is the effect?
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A new SA tenant in 2026 would prefer not to pay her bond to the agency. What option does she have?