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Property ManagementBond CapSAMEDIUM

An Adelaide house is let in 2026 at $850 a week (an invented figure). What is the maximum bond the landlord may require?

Correct Answer

A) 6 weeks' rent, because the rent is more than $800 a week

For SA residential tenancy agreements entered into from 1 April 2023, the maximum bond is 4 weeks' rent where the rent does not exceed $800 a week, and 6 weeks' rent where it is more than $800 a week. The older $250 threshold applies only to agreements made before that date. A landlord who breaches the maximum may be fined up to $25,000.

Answer Options
A
6 weeks' rent, because the rent is more than $800 a week
B
4 weeks' rent, the cap for residential tenancies in SA
C
Any amount, because the rent is more than $800 a week
D
6 weeks' rent, but only if the rent is more than $250 a week

Why This Is the Correct Answer

Rent above $800 a week allows a bond of up to 6 weeks' rent.

Why the Other Options Are Wrong

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