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What is the maximum amount of bond/security deposit?

April 26, 2017Bond deposit maximum security

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What is the maximum amount of bond/security deposit?

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10 Posted

In Western Australia the maximum bond equals four weeks rent, plus an extra $100 if pets are kept on the premises. If the premises have been the owner’s principal residence for the previous 3 months or if the weekly rent exceeds $500 then there is no limit on the amount of the bond.