Tenant cheque bounce Karachi?
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There are several scenarios or situations when a tenant may face a cheque bounce. Some common ones are: 1. Late payment: If a tenant fails to pay rent on time, the landlord can request the tenant to provide a written explanation for the delay. A cheque bounce may occur if the tenant fails to provide a written explanation, leaving a late payment behind. 2. Misplaced cheque: In the event of a cheque bounce, the bank can send it to the tenant’s last-known address
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I was in the process of renting a flat in Karachi when a sudden cheque bounce occurred. It happened in a random and surreal way. I could not locate the cheque book. And that was a relief because we had a long list of checks on our account. I was just about to call the bank to get a fresh cheque when I received the next notification. “Check has not passed due dates and is therefore no longer valid.” It’s funny how things happen. I had to re-verify the cheque book and take some action. And that was
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The landlord sent me a tenant cheque bounce letter and asked me to pay back the money. It was a mistake, and I had already made a few payments to them, so I decided to take it to the landlord. But the landlord had already collected the amount, and he didn’t send me the letter. My lawyers also couldn’t find it, and it was a big surprise for me. I called my lawyer immediately, but he said, “It was not sent.” The situation made me angry,
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Tenant cheque bounce Karachi is a common problem for many landlords and property owners. Tenant’s money or cheques are frequently returned by the bank with a “cheque has bounced” message. Here are the common reasons behind it. 1. Cheque bounce for non-payment: Cheques are normally processed by the bank once cleared by the sender. But the bank may face a cheque bounce for a reason that is not yet clear, and it may return the cheque. For instance, in case of an account suspension
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The bizarre cheque bounce case of Karachi’s rented apartment in the hands of a top lawyer has made news on social media. One day, my rented apartment in Karachi had a cheque bounce of Rs 210,000 and it was lying in a bank’s overdraft for three days. I’ve just received an email from a notorious law firm requesting me to take legal action against the bank. The cheque is a regular bounced check from Karachi branch of State Bank of check over here