innistæðugreiðslur
Innistæðugreiðslur translates to deposit payments in English. This term is commonly used in Iceland within the context of rental agreements and sometimes for other services where a security deposit is required. It refers to an amount of money paid by a tenant to a landlord at the beginning of a lease agreement. This payment serves as a form of security for the landlord against potential damages to the property beyond normal wear and tear, or as compensation for unpaid rent.
The specific amount and conditions for innistæðugreiðslur are typically outlined in the rental contract. Upon the