LEASING AGREEMENT

After you have decided to accept the apartment that was allocated to you, an appointment for finalising the rental agreement needs to be booked. We draw your attention to the fact that in some cases, you need to sign a service agreement with your social worker before you can enter into a rental agreement. Your social worker will inform you about this if this is the case.

The rental agreement is signed at the Félagsbústaðir office. It takes about 30–45 minutes to review the agreement. Service desk consultants will review all the main provisions of the agreement, discuss rent payments, housing maintenance fund, housing benefit, period of validity, maintenance, conduct, house rules and more. 

Leases can be signed electronically. In order for this to be possible, we need information about the e-mail address and telephone number associated with your electronic ID. If you intend to sign electronically, a service consultant will inform you of the all the main aspects of the contract with you via telephone. Then you will receive an email with a link to the electronic signature. However, you always need approach the keys to the new apartment at our office in Þönglabakki 4. We encourage you to request an electronic signature when it comes to renewing your lease.

After you have signed the rental agreement and received answers to any questions you may have, you will receive a copy of the rental agreement to take home. The agreement states the property identification number of the apartment for registration on the application form for housing benefit. There you will also find the ID number of Félagsbústaðir, but you must include the ID number of Félagsbústaðir as the landlord on the application for housing benefits and the application for special housing support. Where Félagsbústaðir’s account information is requested on the application, please insert zeros instead of banking information. 

On finalizing the agreement, you will receive the keys to your new apartment. 

After signing the agreement, it is important that you consider the following:

• Move your legal domicile by registering at Registers Iceland.
• Apply for housing benefits on the website Housing and Construction Authority Housing benefits will then be paid directly to Félagsbústaðir, which will then be deducted from the rent. 
• Apply for special housing support, if applicable, applied for at the service centre. Special housing support is financial support for the payment of rent, in addition to general housing benefits, and is intended for families and individuals who need assistance to support their home. An application for special housing support is valid for 12 months from the date of application. It is important to renew the application at the service centre within 12 months from the application date each year. Special housing support is also paid directly to Félagsbústaðir and is deducted from rent.