A Brisbane property manager collects a new tenant's bond on Monday. Within what time must it be lodged with the RTA?
Correct Answer
D) 10 days
The Residential Tenancies and Rooming Accommodation Act 2008 requires that the bond be lodged with the RTA within 10 days of receiving it from the tenant.
Why This Is the Correct Answer
The Residential Tenancies and Rooming Accommodation Act 2008 (Qld) requires a person who receives a rental bond to pay it to the Residential Tenancies Authority within 10 days of receiving it.
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