What is the maximum security bond a landlord can charge for a residential tenancy in WA where the weekly rent is $1,200 or less?

Q: What is the correct answer to: What is the maximum security bond a landlord can charge for a residential tenancy in WA where the weekly rent is $1,200 or less?

The correct answer is Four weeks' rent. Option B is correct because the maximum security bond under the Residential Tenancies Act 1987 is four weeks' rent for properties with weekly rent of $1,200 or less. For properties above $1,200/week, the bond amount is negotiable.

Q: What background knowledge is needed for this Property Management question?

The four-week bond cap applies to the vast majority of WA rentals. For high-value rentals above $1,200/week, landlords and tenants can negotiate the bond amount. The bond must be lodged with the Bond Administrator at DMIRS within 14 days of receipt.

Q: What is a good way to remember the answer to this Property Management question?

Maximum bond in WA is 4 weeks' rent for rentals at $1,200/week or less. Above $1,200/week, it's negotiable. Always lodge with DMIRS. Remember: 4 weeks is the cap for standard rentals. The $1,200/week threshold separates capped from negotiable bonds.

Q: What exam tip applies to this Property Management question?

Know both the cap (4 weeks) and the threshold ($1,200/week). Most exam questions test the standard cap amount.

Q: How does this Property Management concept apply in Australian real estate practice?

A tenant rents an apartment in Northbridge for $600/week. The maximum bond the landlord can charge is $2,400 (4 weeks x $600). The property manager collects the bond and lodges it with the DMIRS Bond Administrator within 14 days.

Question

Property ManagementWAEASY

What is the maximum security bond a landlord can charge for a residential tenancy in WA where the weekly rent is $1,200 or less?

Answer Options

A

Two weeks' rent

B

Four weeks' rent

C

Six weeks' rent

D

Eight weeks' rent