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Post dated checks for renting an apartment?

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  1. #1

    Join Date
    Mar 2012
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    Post dated checks for renting an apartment?

    Does anyone who rents a place here have to do that? Or if you are an owner, do you ask your renter to write 12 post dated checks?


  2. #2

    Never been asked for this (which is a good thing as I have never used checks in my life).


  3. #3

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    In the Olden Days, before internet banking and when every reputable person carried a cheque book, this was quite common.

    My assumption is that the LL is of venerable years.


  4. #4

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    Very rare--and I wouldn't do it.


  5. #5

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    My previous neighbour friend had to do this for her LL, I LOL when I heard it from her 1st. Thank fook my LL didnt ask for the same.


  6. #6

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    Original Post Deleted
    Yeah, I agree it is a bit weird as I haven't used checks in years. What potential problems could I run into? Trying to list as many as I can before proceeding.

  7. #7

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    In some countries, e.g. the UK, post dated checks can be cashed early. I would check the position in HK.

    shri likes this.

  8. #8

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    Do HK banks honor the concept of a forward dated cheque?

    I know they don't take cheques which are older than six months, but forward dated am not too sure.


  9. #9

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    Quote Originally Posted by thegame181:
    Yeah, I agree it is a bit weird as I haven't used checks in years. What potential problems could I run into? Trying to list as many as I can before proceeding.
    As far as I know, nothing prevents the landlord from depositing several of these in one go.

    Check your bank's / HKMA policy on forward dated cheques.

  10. #10

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    Original Post Deleted
    thanks for the tip. Checked ietb a friend who is in retail banking and he said, if presented the cheque will be bounced back and a penalty for a returned cheque can be applied to both accounts depending in the banks policies.
    jrkob likes this.

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