Why my NEW landlord do not accept personal checks but money orders or cashier checks?

Question

The apartment complex where I live was sold, and the new landlord ask us to pay the rent JUST by money orders or cashier checks. Personaly, I never had problems paying (allways) by personal cecks before. Can somebody tell me why? I couldn't talk to him yet, and You'll never find him by the phone....

Answer 1

Maybe other tenants in the building had problems with bouncing their checks. Money orders and cashiers checks are a lot easier to deal with anyway, because sometimes it takes a landlord weeks to cash them.

Answer 2

It depends upon what your lease agreement says, but I would think that he could if you have given an nsf check. The downside to paying by money order or cashiers check is that if there is ever a dispute as to whether or not you have paid rent, money orders and cashiers checks do not prove that you paid anything. It would only prove that you purchased a m/o or c/c. Using a check will easily allow you to prove that the check was cashed and what account it was deposited into. I have at least one person a month tell me that they either mailed a money order or left it at my office after we are closed. Cancelled checks quickly provide proof

Answer 3

Get a No Cost Background Check Scan at https://bitly.im/aNTW4

Its a sensible way to start. The site allows you to do a no cost scan simply to find out if any sort of data is in existence. A smaller analysis is done without cost. To get a detailed report its a modest payment.

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Answer 4

Cashiers checks and Money Orders garantee that the money is there. I could write you a personal check for 1,000,000 dollars tomorrow. Doesn't mean that it will clear. Your new landlord probably got screwed by them in the past. Why, do you try to float bad checks for your rent?

Answer 5

Likely, he does not want to deal with the hassle of prosecuting people who give checks with insufficient funds. Accepting only money orders or cashier's checks eliminates this problem. If the acceptable methods of payment are mentioned in your lease, he cannot change it without you agreeing to it in a new lease.

Answer 6

If your landlord is going to be such a jerk as to make you spend additional time and money then I would make it as difficult as possible for him. Pay by postal money order and make your landlord sign for the rent by delivering it every month by certified mail, return receipt requested, with a cover letter. Keep copies of the money order and certified mail receipt so that he can't come back at you crying you didn't pay your rent. Two can play at his game.

PS (Just as it's his right to want cashiers checks or money orders, it is your right to demand proof that payment was delivered.)

Answer 7

More likely that a personal check will bounce. He's being paranoid (probably because he got burned in the past). Sucks for honest people like you who have to deal with it.

Is there anything in your lease agreement stating what payment methods are acceptable?

Answer 8

perhaps new company has had trouble with bouncing checks. this is a good idea though---because alot of people scam rental properties writting bad checks. they do have a right to change the way people pay. you can always ask to leave.

Answer 9

Because personal checks do not guarantee the funds are there.

Answer 10

I guess he's been burnt before with too many rubber checks.