Legal Question in Real Estate Law in New York
Bounced check from closing
I, the seller was paid by a personal check the balance of money owed from sale of home. The check bounced. My contract allowed a personal check by buyer up to $1000.
Asked on 1/29/02, 9:47 am
1 Answer from Attorneys
John Friedman
Law Office of John K. Friedman
Re: Bounced check from closing
You need to provide more information--what was the amount of the bounced check? Did it exceed the $1k amount permitted by the sale contract? Has the check been completely dishonored (returned twice?) Have you presented to the drawer with a demand for payment?
Answered on 1/29/02, 12:05 pm