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Who holds rental bond in WA?

The tenant pays the landlord the Security Bond. The landlord must then lodge the entire amount of the Security Bond with the Bond Administrator along with a Lodgement of Security Bond Money form signed by all the tenants and the landlord.

Is a bond compulsory in WA?

As a tenant in Western Australia, you are required to pay a security bond when you enter into a lease. Typically, the bond amount is equivalent to four weeks rent and is there to cover any costs the tenant may be liable for at the end of a tenancy, for example: Damages to the property. Outstanding water usage charges.

How do I dispute a bond refund in WA?

dispute the application by lodging a Form 5 Notice of Intention to Dispute Application for Disposal of Bond Money (from the Magistrates Court) within seven days, when the matter is set down for hearing before a magistrate; or.

How do I lodge a bond in WA?

Lodging a bond in WA Bonds must be lodged using the bond lodgement form to be printed, signed and submitted to the Bond Administrator by post, by sending an email to - bondsadmin@dmirs.wa.gov.au or in person.

Do bonds have to be lodged?

You become the landlord, your client becomes the tenant, and the tenancy will be covered by the Act. Any bond taken must be lodged to Tenancy Services.

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How long does it take to get rental bond back in WA?

How Long to Get Bond Back in WA? After the Joint Application for Disposal of Security Bond is submitted, it should take 7 to 10 days for a Bond Administrator to process a refund. You can learn more about releasing or claiming a bond from WA Commerce.

Do I have to lodge the bond in WA?

All residential tenancy bonds must be lodged with Bonds Administration as soon as practicable or in any event within 14 days of receiving the bond. Penalties apply for late lodgement of bonds.

How do I transfer a bond in WA?

Changes in shared tenancies The lessor/agent should lodge a new bond using a Lodgement of Security Bond form for incoming and remaining tenant/s. Alternatively, the vacating and incoming tenant/s can settle any monies owed as a private matter by passing bond money between themselves.

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