Success! Defaulter paid! - Landlord Forum thread

Success! Defaulter paid! by Emma (Florida) on July 14, 2012 @10:19

I was successful in resolving my situation where the signed tenant decided not to move in. With advice from the more experienced at this web site, I offered that she pay a penalty equaling 2 months of rent to release her from the contract, and after 5 weeks of communications, she finally agreed and sent the check this week. I asked for a cashier's check but she sent a personal one, so I am waiting for a week to make sure it doesn't bounce, then I'll send a release to her.

A BIG thank you to you all who helped me through the whats and wherefore's of this process. I appreciate it so very much!

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Re: Success! Defaulter paid! by NY-LL on July 14, 2012 @12:51	[ Reply ]

The financial banking systems in the United States can require up to twenty-one (21) days to confirm payment of a personal checking account deposit. The personal check can be cancelled (by the tenant drafter) after deposit and the deposit can be reversed.

I will wait by Emma (Florida) on July 14, 2012 @14:44	[ Reply ]

I thought about that- wasn't sure if I was being paranoid. I will wait for that time just to be sure. Thanks!

Re: I will wait

Thx Jake