NSW Residential Tenancies Act 2010
Part 3 Division 1: Before the agreement – NSW Residential Tenancies Act 2010

NSW Residential Tenancies Act 2010 s24: s 24 Holding fees: only after approval, capped at one week, receipted and applied to rent

A holding fee is taken only after the landlord has approved the application and is no more than one week's rent under the proposed agreement. The receiver gives a written receipt with the amount and date, the premises' address and the landlord's and tenant's names. The landlord does not let the premises to anyone else for 7 days (or longer if agreed) unless the applicant withdraws, keeps the fee only if the applicant signs or refuses to sign (never where the refusal follows a misrepresentation or non-disclosure of a material fact), and credits it to rent when the agreement is made.

Maintained by Gerard Blokdyk

What else in your programme already covers this

This control maps to 1 controls across 1 other frameworks. If you already hold one of them, the evidence you collected for it is the starting point here rather than new work.

  • s159-161 s 159 to s 161 Holding deposits: one at a time, receipted, refunded or applied to the bond

Every mapping shown was judged rather than inferred from wording similarity, and the ones that failed review are published too. See the coverage reports and what was rejected.

Other controls in Part 3 Division 1: Before the agreement – NSW Residential Tenancies Act 2010

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The graph holds this control, the 1 it maps to, and the evidence behind each claim, over MCP and REST.