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Property ManagementBond ReceiptsSAEASY

An SA tenant pays her bond to the agent in person. Within what time must she be given a receipt?

Correct Answer

C) Within 48 hours

In South Australia the landlord or agent must give the tenant a receipt within 48 hours of receiving bond money. The bond must then be lodged with the Commissioner within 2 weeks for a landlord or up to 4 weeks for a registered agent.

Answer Options
A
Within 14 days
B
Within 4 weeks
C
Within 48 hours
D
Only once the bond is lodged

Why This Is the Correct Answer

SA requires a bond receipt within 48 hours of payment.

Why the Other Options Are Wrong

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