53—Permissible consideration for residential tenancy
(1) A person must not
require or receive from a tenant or prospective tenant a payment, other than
rent or a bond (or both), for a residential tenancy or the renewal or
extension of a residential tenancy.
Maximum penalty: $25 000.
Expiation fee: $1 500.
(2) However—
(a) the
landlord may lawfully require or receive consideration for an option to enter
into a residential tenancy agreement but, in that case, the following
condition applies:
(i)
if the prospective tenant enters into the
residential tenancy agreement, the landlord must apply the consideration
towards rent payable under the agreement;
(ii)
if the prospective tenant does not exercise the option to
enter into the residential tenancy agreement, the landlord may retain the
consideration; and
(b) if
the consumption of water at the premises is separately metered, the landlord
may require the tenant to reimburse the landlord for rates and charges for
water consumption that are based on the amount of water used at the premises
pursuant to the residential tenancy agreement or a collateral agreement; and
(c) the
landlord may lawfully require or receive a payment of a class the landlord is
authorised to require or receive by another provision of this Act or under the
regulations.