Posted by Kent Adams on April 25, 2000 at 09:46:31:
You cannot charge a “NSF” check fee unless it is in your rental agreement or real estate contract.
Maybe put this in the contracts in the future!
kentadams
Bad Check - Posted by BR2
Posted by BR2 on April 25, 2000 at 24:58:56:
Finally received my rent check that was due April 1st which included the $25.00 late fee. I knew this was too good to be true so, instead of depositing the check in my account I tried to cash it at the tenant’s bank. Well, it didn’t clear (just like I thought).
The bank couldn’t give me anything to show that the check didn’t clear. My question is, can I still charge a $20.00 fee for this check not clearing? If so, how do I document this in my records without any proof?
P.S. Tenant says check is good and to try again tomorrow.
Thanks in advance.
Re: Bad Check - Posted by Jim IL
Posted by Jim IL on April 25, 2000 at 01:42:18:
BR2,
Just try the check again tomorrow.
And, if the check is still not good, then take action NOW!
The burden of proof that the check is good is on the tenant, not you.
And if the tenant says the check IS good, make them go to the bank and get the money out to pay you.
You are the landlord, not there errand runner.
Good luck,
Jim IL