Guide to Rent, Bond & Deposits in ACT

Renters in the Australian Capital Territory (ACT) need to navigate several key aspects of their tenancy agreements, such as rent, bond, and holding deposits. Understanding how these elements work can empower tenants to manage their rentals effectively and ensure compliance with local laws.

Understanding Rent in ACT

In the ACT, rent is typically paid on a weekly, fortnightly, or monthly basis as agreed with your landlord. If a landlord wishes to increase the rent, they must provide at least eight weeks' notice in writing. This increase cannot occur within the first 12 months of a tenancy agreement.

Forms and Legislation

The Residential Tenancies Act 1997 governs the rules concerning rent increases and other rental matters in the ACT. You can access the Residential Tenancies Act 1997 here^[1].

Bond and Holding Deposits

Bonds serve as security against potential outstanding rent or property damage. In the ACT, bonds cannot exceed four weeks' rent. Bond money must be lodged with the ACT Revenue Office, and tenants should receive a receipt confirming the lodgement. Holding deposits, on the other hand, are an amount paid to reserve a property before signing the lease. This deposit should be deducted from the first rent payment.

Handling Disputes

Disputes regarding bonds or deposits, such as claims against bond money, can be resolved through the ACT Civil and Administrative Tribunal (ACAT). Renters can lodge a dispute with ACAT if there is disagreement about the return of the bond or any deductions made by the landlord.

Always ensure that you receive a bond receipt from the ACT Revenue Office, as it is required evidence in case of disputes.

Need Help? Resources for Renters

If you're experiencing difficulties or need legal advice regarding your tenancy, you can contact the following resources:

• ACT Civil and Administrative Tribunal, General Enquiries
• Tenants' Union ACT
• Legal Aid ACT

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1. What is the maximum bond amount landlords can charge?In the ACT, landlords can charge a maximum bond amount equivalent to four weeks' rent.
2. Can my landlord raise the rent anytime?No, landlords must provide at least eight weeks' notice before increasing rent, and no increases are allowed within the first 12 months of a lease.
3. What should I do if my bond isn't lodged?If your bond is not lodged with the ACT Revenue Office, you should contact them and potentially seek assistance from the ACT Civil and Administrative Tribunal.

1. How to dispute bond deductions in the ACT

   If you disagree with deductions from your bond, first communicate with your landlord. If unresolved, apply to ACAT for dispute resolution by lodging a claim and attending a tribunal hearing.

2. How to lodge a bond with the ACT Revenue Office

   Upon receiving your bond from the tenant, complete and submit the bond lodgement form to the ACT Revenue Office. Ensure tenants receive a receipt.

To recap, understanding your rights and responsibilities regarding rent, bonds, and deposits can greatly enhance your renting experience in the ACT. Remember to keep documentation of all financial transactions and know where to seek assistance.

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• Residential Tenancies Act 1997, ACT Legislation Register
• ACT Civil and Administrative Tribunal, ACAT Official Website
• ACT Revenue Office, ACT Revenue Official Website

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