The Accommodation Agreement should clearly identify the following things: The price you have agreed to pay the home for your accommodation. Details on the three payment options you can choose from to pay the accommodation price: the lump-sum amount – the Refundable Accommodation Deposit (RAD). The rental-type payment amount – the Daily Accommodation Payment (DAP). A combined payment amounts, such as 50 per cent payment by lump-sum and 50 per cent rental-type payment amount
Other conditions of your accommodation payment, including, if applicable, the refund amount of your lump sum balance if you leave or die or interest rates charged.