The Security Deposit Confirmation Letter is a crucial document in Irish property rental transactions, required to comply with the Residential Tenancies Act 2004 and subsequent amendments. This document is used when a landlord or property manager receives a security deposit from a tenant, providing formal acknowledgment of the receipt and detailing the terms of its holding and return. The letter should be issued promptly after receiving the deposit and must include specific information required by Irish law, including the deposit amount, property details, and RTB registration information. It serves as protection for both landlord and tenant, creating a clear record of the transaction and the conditions under which the deposit will be held and returned. This document is particularly important in Ireland where there are specific regulatory requirements regarding the handling of rental deposits and the need for transparency in property rental transactions.

1. Letter Header: Contains sender's details, recipient's details, date, and reference number

2. Property Details: Full address and description of the rental property

3. Deposit Amount Confirmation: Explicit statement of the deposit amount received and date of receipt

4. Payment Method Details: How the deposit was paid (bank transfer, cash, etc.) and relevant transaction details

5. Purpose of Deposit: Statement explaining what the deposit covers and its intended use

6. Terms of Deposit Holding: Explanation of how the deposit will be held and managed

7. Return Conditions: Conditions under which the deposit will be returned or deductions made

8. RTB Registration: Confirmation of registration with the Residential Tenancies Board

9. Signature Block: Space for landlord/agent signature, name, and date