Countess Beirhaüsen
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Yes.
The majority of apartment companies do not want to have to worry about their employees handling large amounts of cash. It could lead to the office being robbed or the apartment employees being tempted to steal. |
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Jay
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Yes.
It is done to avoid tempting managers to steal, or to make a robbery of the office less likely, or less successful.
Also, it's easier to glance at a check to see the amount is correct, than to count money. Also, less likely to make an error in the bank deposit.
You wouldn't want a lot of cash laying about in either circumstance. |
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mothafugginklink
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they usually take cash, but it's the other way around... money orders or checks give you a paper trail that shows when they were paid if it ever comes in dispute, unlike a reciept that they can alter, you have to save, and they can say you forged... |
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pjbthree
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It can happen if the building is owned by a corporation that doesn't want its employees handling large amounts of cash because of the risk of theft or embezzlement |
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Don
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Probably, since someone has to be responsible for keeping up with it, and there would be an invitation for a robbery if it was known that they accept rent in cash on the due date. |
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Laissez-Faire Guy
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Seems pretty uncommon to pay rent in cash, given what rents are nowadays. As a landlord, would you like a big wad of cash that you have to carry down to the bank every month?
I personally would request a check. |
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YB N Vegas
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It all depends, if management or a manager is involved and there has ever been a question of ethics or missing payment etc. Then some (owners sometimes behind the scenes) choose to not accept cash. (least no one can pocket the cash and say they never received it, it got lost, etc.)
Everywhere is different, we accept cash for our rentals and will write receipts just the same.
In my opinion; Cash is OK, some renters have issues with check systems and no bank account, and money orders cost money. Just make sure you get a receipt.
Things also depend on a lot on where your at geographically, big city vs. small town, etc. |
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suplado
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if its an apartment complex than no but if its a small investor than they'll probably prefer a money order or cash so they dont get a check that might bounce!
paying my rent is the only reason i still have a check book because everything else can be paid over the phone or online....but if you dont have a checking accout money orders are only about 49cents(last time i checked) |
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lala143
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very common. |
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Classy Granny
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I had tenants a few years ago that bounced their rent check 2 months in a row. When they do that then I have bounced checks because I deposit their check and write checks for my own bills. After paying all the extra fees twice, I told them no more checks. They would need a money order or cash. When they gave me cash I gave them a receipt. |
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Kaylee
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yes, everyone i know of requires check or money order |
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butterfliesRfree
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MOST WON'T -- they don't want all that cash around the office. If they did, EVERYONE would know it and they could raise the odds of getting robbed if people know there's a ton of cash there. |
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smedrik
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Yes.
Cash is hard to track.
They like the paper record of a cheque or money order. Having a paper record, protects you as the tenant more than it does them as the landlord. |
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zanodad
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It depends on the owner. It's actually unsafe for you to do since you have no verification. |
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wasting_time
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Since most places like that depend on employees to collect the money yes, it's common. The office of place like that would be broken into all the time as well if they did. |
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MarÃn
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I think it is common. Most complexes will only take checks and money orders. If you rent from a private owner, however, they may allow cash (just make sure to get a receipt every time!). |
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misfit
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our apartment accepts cash for the first (in hand) payment. i would DEFINITELY get a receipt, though. |
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Dawni Do Right
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Yes.
Accepting cash not only forces them to have petty cash on hand to make change for multiple tenants, but also it makes cash deposit funds & their petty cash a target for thieves or a hold up.
Also too easy to embezzle one day & think they will pay it back another, especially if there is a turn over in people working the leasing office.
It's safer for you too in the long run. You won't ever have to justify paying rent in cash to Leslie Leasing Agent back in December, (Leslie has moved to Mexico & hasn't been heard from since February) & Betty da'Bomb (her replacement) is left to sort out the lack of accurate accounting procedures & missing rent deposits.
Heck, it only took an apple for Adam... |
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Mrs.Lopez~has 2 wants 3
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Yes, Every apartment or rental that I have lived in has never allowed me to pay in cash, nor would I want to. I want to be able to have proof other then a receipt that I paid my rent. I used to do a money order now I just use a check. |
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MG
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Yea, there's no way to trace it if it's cash...safer for you, too. |
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Josh
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i don't think they would let you, they would think you just robbed a bank or somthing. |
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