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Form R2 - Bond Lodgement

It is not compulsory for a Service Provider/Manager to charge a Resident a rental bond. However, if a rental bond is charged, it must be lodged with the Residential Tenancies Authority.

Maximum bond

When the weekly rent is $300 or less, the maximum bond that can be charged is the equivalent of four times the weekly rent. If the weekly rent is more than $300, there is no limit to the amount of bond that may be charged.

Lodging a rental bond

1. Rental bonds must be lodged with the Residential Tenancies Authority within ten (10) days, or within the time periods noted above for instalment payments.
2. This form is used where the whole of the rental bond is being lodged; or where the first instalment of a bond is being lodged. In all other cases, a Part-payment of Rental Bond (Form R7) should be used
3. Failure to lodge a rental bond within the required time periods is an offence under the Residential Services (Accommodation) Act 2002.

Filling out the form

When the Residential Service Agreement starts, the Service Provider/Manager and only the resident/s who pay the bond are entered on the form.

Only resident/s who paid the bond and the Service Provider/Manager should sign this Bond Lodgement form.

It is the responsibility of the Service Provider/Manager to ensure the form is completed correctly and to lodge the bond monies with the RTA in the time required by the Residential Services (Accommodation) Act 2002.

Forms and bond monies can be lodged with the RTA by:

• Mail - Post to GPO Box 390, BRISBANE Qld 4001
• Visiting the RTA's Counter: 33 Herschel Street, BRISBANE Qld 4000
• Taking it to any approved Australia Post Office throughout Queensland.

What does the RTA do with the form

When the RTA receives the form and the bond monies, the RTA will send an Official Receipt to each of the parties to the bond. The Official Receipt contains a Bond Number that identifies the details of the bond. This Bond Number should be quoted when contacting the RTA.

You will find information about the bond refund process on the back of the Official Receipt.

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Form R2 - PDF
To download the Bond Lodgement(Form R2) in PDF format, click on this link.