VIC: Residential Tenancies Act Section 40 Limit on rent in advance

Limit on rent in advance

(1) A residential rental provider must not require a renter to pay rent under a residential rental agreement more than 1 month in advance. Penalty: 60 penalty units.

(2) Subsection (1) does not apply if the amount of rent payable for each week under the residential rental agreement exceeds the amount of rent prescribed for the purposes of section 31.