A registered SA agent and a private landlord each receive a bond on the same day. How long does each have to lodge it with the Commissioner?
Correct Answer
B) The agent has up to 4 weeks; the private landlord has 2 weeks
In South Australia a landlord must lodge a bond with the Commissioner for Consumer Affairs within 2 weeks of receiving it, while registered agents have up to 4 weeks. Since 1 July 2024 tenants can also lodge their bond themselves.
Why This Is the Correct Answer
The SA rules give registered agents 4 weeks and private landlords 2 weeks.
Why the Other Options Are Wrong
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