If the tenant and lessor agree on the refund of the bond, in part or in full, a refund form (Form 4) signed by all parties can be lodged with the RTA. A refund is usually completed within 2 to 3 days.
In rooming accommodation the maximum bond is equal to four weeks rent, unless weekly rent is more than $500. In moveable dwelling tenancies the maximum bond is equal to two weeks rent. However if electricity is supplied in the lessor's name and individually metered bond can be 3 weeks rent.
Applying for your bond refund When your tenancy ends, you can apply to the RTA for your bond refund. If you have a QGov account, you can submit an online bond refund claim . Alternately you can post the signed Refund of Rental Bond (RTA Form 4).
Pressure in the rental market means a lot of people are having to move around more often to find a home they can afford. We are reducing the costs of moving by introducing legislation to establish a portable bond scheme that allows renters to transfer their bond when relocating from one rental property to another.
In rooming accommodation the maximum bond is equal to four weeks rent, unless weekly rent is more than $500. In moveable dwelling tenancies the maximum bond is equal to two weeks rent. However if electricity is supplied in the lessor's name and individually metered bond can be 3 weeks rent.
If the RTA is to post documentation, you will receive by post your Acknowledgement of Rental Bond. This letter contains your bond number. Use the bond number when contacting the RTA.
If the tenant and lessor agree on the refund of the bond, in part or in full, a refund form (Form 4) signed by all parties can be lodged with the RTA. A refund is usually completed within 2 to 3 days.