Cashing a post-dated check - Landlord Forum thread 194064

I was thinking it may have just been a mistake with them writing 1/14 instead of 1/4, and I was just going to try and cash it tomorrow anyway. But now I'm wondering if I should check with the tenant first or something. I didn't even notice the incorrect date at first, until I took another look at it.

Would you just cash the check or would you contact the tenant first to see what the deal is? If the post-dated check was rejected, would I incur any sort of fee from my bank? As far as I can tell from what I've read online, they would be the ones to incur a fee and it would only be if they have insufficient funds in their account. Does this sound right?

Bank it today, but don't spend the $$ until the check clears.

Take it into the bank and ask the teller to cash it, but to check first if there is available funds to cash it so it does not go against your account, do NOT put your checking account number on the check, it is not neccessary to cash it at the bank it's drawn on. If after you find out that the check is no good because your tenant expects you to see that it was post dated and you are expected to hold it until then, you have to address this issue now. I would NOT tolarate a tenant giving me a post dated check especially not informing you that it's no good until that date. That is worse than a tenant asking if he can pay his rent on the 14th. I personally don't let tenants go that long without rent before I give them a 3 day notice.

I had a tenant who mailed the rent to me for this month, this was the first month that she sent a personal check since I do not accept personal checks for the first 6 months. I got the check Jan. 2 Saturday, I couldn't do anything until Monday, which I called the bank to verify the funds, low and behold it was no good. I called the tenant and she claims that she didn't get the chance to run her money to the bank that Saturday but was on her way to deposit money into her account so that the check would be good by the time it would hit her bank after I deposit it. Well, I don't work that way or take chances. Since her bank would not have been able to verify the funds for me that day as her check she was depositing would not clear until the next day. I told her that she had to bring the rent in cash or money order including the late fee. I would not accept that check. She couldn't do it that day obviously because she would not have cleared funds in her account until the next day which she did bring to me last night. She's mad because I did not trust her to deposit her check into my account and she had to bring it to me.

I am thinking of making a change to my leases that I do not except personal checks ever. When I do get them, I will always call their bank to verify before depositing it, more work for me that I should not have to be bothered with.