Is post dating checks legal in florida
Accepting a postdated check from a tenant may seem like a surefire way to get the money that you are owed, but this does not always lead to payment and sometimes may even lead to further complications. Unless you are percent sure that the tenant can be trusted and that there will be funds to cover the check when it is ready to be cashed, it may not be a good idea to accept a postdated check. The Uniform Commercial Code states that a bank may honor a postdated check provided the check is otherwise safe to cash and the account owner has not provided the bank with "reasonable notice of the postdating. This means that a tenant may legally postdate a check to you and that you may even be able to cash it when you receive it, but if the bank has been notified of the postdating you will have to wait until the date listed on the check instrument before you may receive the funds.
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Florida – Wage Payment Laws
Post-dated cheque - Wikipedia
Not everyone writes a bad check -- what Oklahoma statutes call bogus checks -- with the intention of committing fraud. For example, a check you deposited in your account may not have cleared yet, leaving less available funds in your account than you thought when you wrote your rent check. However, Oklahoma law assumes the worst about your intentions. As a result, if you write a check that fails to clear, you have a limited period of time under Oklahoma law to make things right. Otherwise, the person or company to whom you remitted the check can go to the authorities.
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I have a written contract with someone for a sale. She sent me a payment early and I cashed the check. Come to find out later, the check was post-dated I didn't even look at the date, I just figured she wanted to get payment out of the way. She is now accusing me of breaking a verbal agreement we had to hold the check there was no such agreement, no note sent with the check , and is insisting that I pay her bank fees. She is also refusing to pay the next payment until I pay her fees.
There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page. I live in Rhode Island. Someone told me post dating a check is illegal. I have up to the 5th to pay my rent so sometimes I will post date my checks for the 3rd, 4th, etc, depending on my pay days.