Ultimately, the money handed over by the tenant belongs to him or her and the landlord only has custody of that money for the duration of the tenancy. Reports from Threshold and the PRTB show a significant amount of their workload relates to the matter of disputed deposits. These amendments create a clear mechanism to ensure such disputes are dealt with in a speedy fashion. The PRTB will come before the an Oireachtas committee next week and to discuss the 18 month backlog of disputes. The cost of this backlog is approximately between €700 and €900 per day. There would be an immediate saving to the State by simply clearing the backlog.

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