---

Posted by SassyGal on March 05, 2000 at 17:13:51:

In Reply to: Re: Cash Deposit and rent payments: Tenants Guide posted by burt on March 03, 2000 at 16:18:36:

: : My daughter is about to rent an apt. in Brooklyn. The landlord wants a $4,000 deposit all in cash, and monthly rent in cash. Money orders or bank checks are not accepable. Is this a standard procedure? It makes us nervous. How do we evaluate the risk of this transaction? For us Vermont people that's a lot of cash to give someone you don't know. Thanks for oyur advice.

: click below

: http://www.oag.state.ny.us/realestate/tenants_rights_guide.html
\

Don't take the apt. When we first rented ours, the landlords didn't want personal checks; money orders were accepted. Then when we paid by POSTAL money order, they told us: "out of state money orders don't clear fast enough." Goes to show you how ignorant those landlords were-postal money orders are accepted anywhere within the 50 u.s. States....! After that, they wanted cash, and once they didn't give us a receipt. We told them in a letter: No receipt?? No rent. We never had a problem getting a rent receipt after that.

Follow Ups:

---

Note: Posting is disabled in all archives
Post a Followup

Name    : 
E-Mail  : 
Subject : 

Comments:
: : : My daughter is about to rent an apt. in Brooklyn.  The landlord wants a $4,000 deposit all in cash, and monthly rent in cash.  Money orders or bank checks are not accepable.  Is this a standard procedure?  It makes us nervous.  How do we evaluate the risk of this transaction?  For us Vermont people that's a lot of cash to give someone you don't know.  Thanks for oyur advice.

: : click below

: : http://www.oag.state.ny.us/realestate/tenants_rights_guide.html
: \

: Don't take the apt.  When we first rented ours, the landlords didn't want personal checks; money orders were accepted.  Then when we paid by POSTAL money order, they told us: "out of state money orders don't clear fast enough."  Goes to show you how ignorant those landlords were-postal money orders are accepted anywhere within the 50 u.s. States....!  After that, they wanted cash, and once they didn't give us a receipt.  We told them in a letter: No receipt?? No rent.  We never had a problem getting a rent receipt after that.


Optional Link URL:  
Link Title:         
Optional Image URL: 

---