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Re: bounced rent check
by Susan
on September 26, 2009 @09:57
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writing bad checks is a CRIMINAL ACT for which tenant can be prosecuted. Remind them of this. Since they are month to month, send them them a letter of your intent to change the terms of the agreement. In most states you only need 30-day notice to change the terms of a M2M agreement. Include in the change: a XX amount charge for bounced checks (whatever your bank charges you, the late fee (which you already heve in your agreement) and a clause that states if tenant gives you a bad check, all future payments will be cash or certified check ONLY, no more personal checks.
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