How to increase the bond after a rent increase - Residential parks bulletin 22
20 July 2022
How to increase the bond after a rent increase
A bond can be increased during a long-stay tenancy if there is a rent increase. This bulletin explains the steps involved and what’s legally allowed.
Step one: rent increase
A park operator may seek to increase the rent during a long-stay tenancy after giving the tenant at least 60 days’ notice in writing of the proposed rent and start date. A rent increase cannot occur before: