In Victoria If
rent is $350 a week or less, the bond cannot be more than the equivalent of one month’s rent.
can charge more if:
The lease agreement states that the property is the landlord’s principal
residence and intends to resume living there at the end of the tenancy
The rent is more than $350 a week
The landlord/agent obtains an order from the relevant body that sets out the
amount of the bond.
more information about calculating bond in your respective state and territory,
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Friday, 10 July 2020