If you are unable to use the online system you can download the Lodgement of security bond money form on this page. Bond money must be lodged with the Bond Administrator, as soon as possible and no later than days after receipt of the money. Where a bond relates to a Department of Communities (Housing) Bond Assistance Loan , information about the bond may be disclosed to Housing for the purposes of administering the Bond Assistance Loan Scheme. What is bond lodgement form?
On the lease start date, the bond money is transferred to the owner and instructions are sent out to lodge the bond with Bond Administrator in WA. Residential bond lodgement , disposal and variation forms can be completed online. You only need to print and sign them before submitting them.
The online screens look similar to the image below. Checklist for bond lodgement. To assist you to lodge security bonds correctly and on time we have provided the following checklist: Lodge a current form. Bonds must be lodged using the Lodgement of Security Bond Money.
Transactions, to lodge , vary and initiate disposals of security bonds online (real estate industry only). The RTA will issue an Acknowledgement of rental bond to everyone listed on the bond to confirm lodgement. The same people who sign the bond lodgement form need to sign the bond refund form when the tenancy ends. If these signatures don’t match, there will be delays processing the bond. All signatories to the Lodgement of the security bond will be required to sign the Join t Application for Disposal of Security Bond at the completion of the tenancy.
The Government Bond Administrator. The bond is lodged with a specific Government managed trust fund called the Government Bond Administrator and is not kept by the owner or managing agent. If landlords and property managers do not pay the bond into the Government managed trust, they may be faced with severe penalties.
The City will contact you to take payment for applications once received. A bond number is a unique nine-digit number allocated to your bond at the time of lodgement. If you are doing a bond increase through the Bond Lodgement Web Service, you will need to know your bond number. You can find your bond number on your Acknowledgement of Rental Bond , which was sent to you when your bond was paid to the RTA. Tenancy › All sections of this form must be completed to enable smooth processing of information, payment and future refunds › Landlords’ and all tenants’ signatures must be provided.
Select the Links section, and download a Rental Bond Lodgement form. You can lodge bonds with Tenancy Services using the online bond payment system. Complete the form, and have your tenant sign it.
You will need to complete a bond lodgement form and have it signed by everyone who signed the tenancy agreement. The person who receives the security bond can be fined up to $2000. Lodgment saves law firms and their clients the expense.
MAGISTRATES COURT OF WESTERN AUSTRALIA. You will have to collect the bond money from your tenant directly by entering their bank account details on the last page of the bond lodgement form. These include bond lodgement , variation and disposal documents as well as other communication with tenants and agents. The bond will need to be lodged within days of receiving it from.
Sensitive information from 100-point identity checks, such as a driver’s licence information, is also stored in the system. There is also a bond lodgement form to be completed. This can be done electronically using Residential Bonds Online (RBO).
The landlord or the agent who receives a security bond paid in relation to a tenancy agreement shall pay the amount of the bond to the bond administrator as soon as possible within days after receiving the bond. It is recommended the bond be placed in a separate interest bearing account that identifies the name of the tenant or details of the premises. Fit-out and condition of premises ‘Fit-out’ is the process or action of preparing the leased premises for occupation as required by the tenant and agreed to by the landlord. Do this so you can be sure the funds have been collected by the Office of Rental Boards before the lease starts. About the online lodgement system This service may be used by anybody who wishes to lodge any of the various Building Application Types or Applications for R-Code Variations.
Bonds paid by personal cheque will not be refunded less than days after the date of lodgement. All cheques and money orders should be made payable to Rental Bonds. Additional lessors will be identified during the bond lodgement process, but will not have access to view the bond. Most landlords or agents will ask you to pay a bond when renting a residential property.
A bond acts as a security for the performance of the tenant’s obligations under a residential tenancy agreement.