English translation
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Tenants who receive financial aid can apply for a guarantee certificate from Reykjavík City. The City of Reykjavík becomes a guarantor and guarantees to pay a tenant’s rent in the event that the tenant defaults on their rental obligation.
If you rent an apartment and have received financial aid in the past 2 months, you may be entitled to a Guarantee Certificate. Tenants who face significant social difficulties and housing problems may also be entitled to a Guarantee Certificate even if they do not receive financial aid.
Before applying for a Guarantee Certificate, you must have contacted your bank to find out if you are eligible for a bank guarantee or loan.
You can apply for a Guarantee Certificate through My Pages
You can also fill out a PDF application and send it to abyrgdaryfirlysing@reykjavik.is or submit it at your district center.
A draft lease agreement or signed lease agreement must be provided. When a confirmed/signed lease agreement is available, you need to present proof that the lease agreement has been registered in the Housing and Construction Authority's housing database or a copy of the notarized lease agreement.
A guarantee certificate must be made within 3 months of the application's approval.
If your application is denied, and you believe there are exceptional circumstances, you can request a review by the Welfare Council Appeal Board.
A guarantee certificate is generally valid for the same length of time as the lease agreement. You need to renew your Guarantee Certificate when your lease agreement expires.
The landlord sends a request for the security deposit payment to abyrgdaryfirlysing@reykjavik.is. Afterwards, they fill out a written declaration of the tenant’s failure to perform contractual obligations. The landlord must provide confirmation that the tenant has been informed of the requirement.