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bounced check fees

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J

JUNO

Guest
how much can landlords charge you for bounced checks in California?
 


S

Scott B

Guest
A rule of thumb for bad check fee's is usually what the bank charges you for the return. However, an amount agreed upon at the signing of the lease agreement could be totallly different than the amount your bank charges you. I usuallly charge about $10.00 above the bank rate on return checks. This is also stated in the lease agreement as a supplement which is signed seperately from the main agreement itself.
 

Cvillecpm

Senior Member
NSF check fees

The more important issue would be does an NSF check go on your tenant record and count the same as the issuance of a Pay/Quit notice. Most landlords charge a fee so that tenants learn not to issue NSF checks. Professional managers will also note this event and the issuance of a NSF fee notice with a Pay/Quit and if 3 such events occur during a 12 month tenancy, they will not renew your lease. Pay the fee and make sure you don't issue an NSF check for rent in the future. You might want to negotiate a lower NSF fee by allowing landlord to "debit" your checking account OR offering to have rent check paid directly from your bank to his with electronic banking. Landlords like not having to deal with collection issues so this option might be a win-win for both of you. Good luck
 

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