Document background
This Lease Rental Bond Policy serves as a comprehensive framework for managing rental bonds in compliance with Australian federal and state legislation. It is designed for use by property management companies, real estate agencies, and individual landlords who need to handle rental bonds in accordance with legal requirements. The policy addresses the entire lifecycle of a rental bond, from initial collection and lodgment with the relevant state authority to final refund or claim processes. It includes specific provisions for different property types and tenancy arrangements, ensuring alignment with state-specific Residential Tenancies Acts and Bond Authority regulations. This document should be used whenever a new rental agreement is established or when existing bond management procedures need to be reviewed for compliance.
