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Property ManagementBond LodgementVICHARD

In October 2026 a new Victorian renter tells the rental provider in writing that she will pay her bond directly to the RTBA. How should the bond be dealt with?

Correct Answer

D) The provider starts lodgement with that option, and the renter pays the RTBA within 2 business days of its request

From 9 September 2026 a Victorian renter may elect, by written notice to the rental provider, to pay the bond directly to the RTBA. The provider must select this option when starting the bond lodgement, and the renter must pay within 2 business days of the RTBA's request. From 1 June 2027 it will also be an offence to refuse a rental agreement with a renter who makes this election.

Answer Options
A
The provider must still collect the bond and lodge it with the RTBA within the usual time
B
The renter pays the RTBA at any time before the agreement ends, with no set deadline
C
The provider may decline the renter's election and require payment to the agency instead
D
The provider starts lodgement with that option, and the renter pays the RTBA within 2 business days of its request

Why This Is the Correct Answer

The direct-payment option is started by the provider and completed by the renter within 2 business days of the RTBA's request.

Why the Other Options Are Wrong

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