What is the name of your state?What is the name of your state? kansas
My wife and I own a home in which we have rented out to a person that wanted to purchase it. He asked if he could lease to buy we agreed we our attorney draw up the lease signed it and collected the $250 non-refundable down payment. He moved in on Saturday November 6.
He was then suppose to pay us $2750 for the first month and security depoist this did not happen until Niveber 27. He gave me 2 checks 1 for the depoist and first month $2750 and 1 for $1250 for the second month. I depoisted the checks on 12/1 on 12/7 our bank called and told us the checks had been returned "account closed".
The tennant is now advised us that he is getting a loan to pay us off the depoist and down payment and was suppose to contact me on Friday 12/10 with the amount he could send immediatly and verify the remainder will be sent on Monday 12/13.
What options do we have if the tennant does not come up with the funds on Monday?
thanks