Re: Tenant wants to pay rent with money order - Landlord Forum thread 255268

Re: Tenant wants to pay rent with money order by Anon (Northeast Ohio) on May 13, 2012 @00:26

I look at a money order as safer than a check. My bank will issue me a money order for free. I have accepted a lot of money orders for the rent. One lady preferred a money order because the local convenient store was the most convenient way for her to handle her money....and keep it safe until it was given to me for the rent.

On the other hand, you are the landlord, you can specify cash, check, or a money order. As long as the funds clear, IMO. A check can bounce, a money order doesn't. And a money order is a lot safer for me as a landlord than cash....and the tenant can keep her stub receipt or bottom copy.
Her landlord probably prefers a money order. I know I do.
I accept cash, check, or a money order, though. Run her current landlord reference and ask her current landlord-he or she may require a money order. And clear any check or money order before you hand her the keys.

[ Reply ] [ Return to forum ]