I put a check in as a security deposit for a sublet that I was going to do June 18th, then had to cancel due to personal and a job offer that I received in another state. I give the person a notice on the 27th that I won't be able to move in. The sublet is for 3 months from July to September. Because it was my fault, I agreed with him verbally that he can take off half of the security deposit as payment for the inconvenience, but now he changed his mind since he haven't been able to find someone and want the whole thing. Can I technically dispute the check with my bank? What other options are available? I do not have a copy of paper I signed as it was suppose to be handed to me the day I move in.
2007-07-10 10:11:32 · 7 answers · asked by ooo noo 1 in Business & Finance ➔ Renting & Real Estate
If the transaction has been processed, it's basically out of the Bank's hands unless there was fraud involving the check itself. If it's your check, which your signature, and was made out to him, there really isn't much you can do now as far as the bank. You have 24 hours after a check hits the bank to put a stop payment. After that, you will have to go through civil proceedings.
2007-07-10 10:17:43 · answer #1 · answered by Gerdie 2 · 2⤊ 0⤋
Dispute A Check Payment
2017-01-12 04:17:57 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Never, ever give someone money for an agreement without getting a copy of it in writing.
You can't dispute it with the bank, because the check has already been cashed, and you most likely didn't give the individual you were renting from enough notice.
If they can prove it took them 3 months to find a replacement for you, which is a reasonable amount of time, then they are entitled to keep it.
2007-07-10 10:24:24 · answer #3 · answered by Expert8675309 7 · 1⤊ 0⤋
Kiss your money goodbye.
You'll be lucky that it doesn't cost you more.
If you signed a contract and now wish to break it, you could be liable for the rent until they can find another tenant.
You should have gotten a copy of the rental agreement once you signed it. Since you claim you do not have a copy, request a copy. Read the contract, including the fine print.
2007-07-10 10:27:52 · answer #4 · answered by wolsen3129_1 2 · 1⤊ 0⤋
I was issued a temporary credit from my bank for a dispute but the company I disputed sent me the payment in a check can I still cas it ? What has to the dispute
2016-08-07 02:44:53 · answer #5 · answered by Zulma 1 · 0⤊ 0⤋
Not really. Small claims court, perhaps, but you don't have anything to stand on. You could file a complaint with the Better Business Bureau, but they do not have any biding decisions. However he may offer to settle to keep his "record clean."
2007-07-10 10:20:55 · answer #6 · answered by Arthur M 4 · 0⤊ 0⤋
No. You may have options in court or small claims court, but I don't think your bank can or will help you.
2007-07-10 10:17:10 · answer #7 · answered by hottotrot1_usa 7 · 0⤊ 0⤋