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Deposit - Amount can be asked for?

martyc82 · 2016-03-27 15:23:31

Hi, Looking at moving out of the parents house. Found a place in Rathmines and the landlord is looking for 3 months deposit. Can they do this? Is there a limit on what they can ask for? Thanks

27-03-2016 03:23PM

#1
martyc82

Registered Users, Registered Users 2 Posts: 1 ✭

Join Date: March 2016

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Hi,

Looking at moving out of the parents house.

Found a place in Rathmines and the landlord is looking for 3 months deposit.

Can they do this? Is there a limit on what they can ask for?

Thanks

Tagged:

deposit

deposit amount

0

Comments

#2 27-03-2016 03:27PM

Stheno

Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 51,690 Mod ✭✭✭✭

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Nope no limit

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#3 27-03-2016 03:56PM

Pkiernan

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Posts: 3950

3 months will become the norm.

Too many deadbeat tenants disappear owing thousands.

<MOD SNIP>

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#4 27-03-2016 04:03PM

The_Conductor

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Posts: 30621

martyc82- 3 months is far from unusual from a private renter- and up to 6 months to secure corporate residential lettings.

Property is scarce- and tenants are actively offering larger and larger deposits to try and distinguish themselves from other tenants (and minimise risks for landlords).

Yes- in short- there is absolutely nothing untoward with a landlord seeking 3 months rent as a deposit. If you're not happy to pay it- don't- go look at other properties instead.

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