We live in a mobile home park and our landlord has not cashed any of the residents' space rent checks since Sept. of 2009. We can't get any answers from our onsite manager and
our bank tells us that they only honor checks that are no older than 6 months. What we need to know is when he decides to put our checks in the bank and they start refusing a lot of them (we have not spent the rent money...it is still in our account piling up) can our landlord then insist that we pay for the back rent or is he just out the money? In other words, can he take any legal action against any of us if we refuse to pay for those checks which are not honored by our bank? Or can we go ahead and use some of that money?
We are thinking that the landlord is in some IRS trouble (he is a multimillionnaire with several MH parks) and needs to show a loss on his property.
I appreciate any light you can shed on this very perplexing problem!
:dunno:
our bank tells us that they only honor checks that are no older than 6 months. What we need to know is when he decides to put our checks in the bank and they start refusing a lot of them (we have not spent the rent money...it is still in our account piling up) can our landlord then insist that we pay for the back rent or is he just out the money? In other words, can he take any legal action against any of us if we refuse to pay for those checks which are not honored by our bank? Or can we go ahead and use some of that money?
We are thinking that the landlord is in some IRS trouble (he is a multimillionnaire with several MH parks) and needs to show a loss on his property.
I appreciate any light you can shed on this very perplexing problem!
:dunno: