The normal security deposit is the equivalent of one month’s rent.
This amount can differ at the discretion of the individual landlord. The deposit secures the property, subject to; landlord approval, satisfactory references and the signing of the Lease Agreement.
Properties will not be reserved until the security deposit is paid in full. All security deposits are payable to Glendale Properties Limited. At the end of the lease term, the security deposit will be returned, if all money due has been paid (rent, ESB, NTL, telephone, gas, refuse etc.), the house/apartment has been returned to the landlord in the condition it was received and no other term of the lease has been breached. Money will be deducted from the deposit for any damage caused by the tenants. Should the tenants break the Lease Agreement, loss of the security deposit is automatic.