A common mistake made by unwary landlords is the acceptance of a personal check from a new tenant for the 1st months rent and deposit. We cannot tell you how many times this happens and the check turns out to be NSF. DO NOT ACCEPT A PERSONAL CHECK---INSIST upon a cashiers check, money order, or cash for the 1st months rent and security deposit. DO NOT RELEASE THE KEYS AND POSSESSION OF YOUR RENTAL UNIT to a tenant BEFORE money is in your bank!!!
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