QLD New Rental Laws – A Must Read - Part 3

Rental bond processes

New laws in effect from 6 June 2024

Commercial bond loans– the process for refunding bonds involving commercial bond loan suppliers has changed

Bond for rooming accommodation– bonds must be lodged for each room where the owner lives on the premises and there are no more than three rooms available for rent, as well as student accommodation

Bond disputes– if a bond dispute is dismissed or withdrawn at Queensland Civil and Administrative Tribunal (QCAT), the RTA can release the bond as per the original request.

Upcoming changes (dates to be advised)

Maximum bond– no more than four weeks rent can be requested by a managing party. There will be provision in certain circumstances for tenants to request a refund of bonds paid over the maximum amount prior to these changes coming into effect

Evidence for bond claims– when making a bond claim or disputing a bond, the managing party must provide the tenant with supporting evidence within 14 days of lodging a claim or dispute.

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Jason Gwerder
Tuesday, 25 June 2024

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