Backdating rent intimidating coaches

If every landlord accepted them, no one would ever collect late fees.When you tell your tenants that you will not accept their check, they have a choice: They can date it properly and avoid a three-day notice; or they can refuse, at which point you are entitled to consider the rent unpaid.Despite recent controversies surrounding the backdating of executive stock options, the general attitude in the US is that backdating is not wrong (or right), per se.In this article, the author writes: “Backdating by itself is not generally, at least with respect to private agreements, illegal.

In sum, backdating that fabricates — dating a document prior to the time the act occurred — is wrong; but backdating that memorializes — creating and dating a document after the date the event occurred — is generally OK.It is of common occurrence in connection with deeds, leases and other contracts that, while they are not in effect at all and have no legal existence until delivered, yet, in respect to the date of delivery, they, in point of commencement, relate back or commence in the future.Such relation back or forward contravenes no principle of law and is determined by the intent of the parties as deduced from the instrument itself.” As a practical matter, the proper date to put on an agreement is something that corporate counsel is likely to have to make a judgment call on quite often.In many states, landlords must take reasonably prompt steps to re-rent the premises; once the landlord finds a new tenant, the prior tenant’s liability for rent ends.Consistent with this rule, the landlord cannot simply demand an arbitrary amount, which has no relation to how hard he tries to re-rent the place or how quickly he succeeds.

Search for backdating rent:

backdating rent-72backdating rent-76backdating rent-57backdating rent-20

Leave a Reply

Your email address will not be published. Required fields are marked *

One thought on “backdating rent”