Tenants cannot be forced to pay deposits of more than two mo

Tenants cannot be forced to pay deposits of more than two months' rent


 
Tenants cannot be forced to pay deposits worth more than two months’ rent under new rules by the Government, while the Covid-19 eviction ban will continue for another six months.
Under regulations brought to Cabinet by Minister for Housing Darragh O’Brien, and which should be in force by the summer, renters will be required to pay only a deposit worth a month’s rent, plus a month’s rent.
However, the Irish Property Owners Association, representing largely small private landlords, said the decades-old demand for a month’s deposit was no longer enough.
Tenancy changes made by the State in recent years mean that tenants have to be given three months’ notice after staying in a property for just six months, while they must get six months’ notice after three years.

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