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For a list of all of our advertising partners, click here'You can trust that we maintain strict editorial integrity in our writing and assessments; however, we receive compensation when you click on links to products from our partners and get approved. You’re writing a check to your landlord, but you don’t have enough money in your account.
As a landlord, collecting a check that has been postdated could be dangerous.
The tenant may know that he or she will not have the money in time, the check could have a stop-payment placed on it, or the check may bounce.
One of the myths that somehow refuses to go away is the myth that post-dated checks are "illegal." They are not.
There is nothing illegal, inappropriate, unlawful, unethical, unprofessional, or unconscionable about a creditor asking a customer to issue a post dated check, nor is there any reason a customer cannot issue one or a series of post dated checks to clear a past due balance.
Recently, at the request of my tech support contractor, I renewed my service contract with him. You did not commit a crime and you probably did not violate the law.