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Updated over 9 years ago on . Most recent reply presented by

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43
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7
Votes
Brett Roth
  • Investor
  • Anchorage, AK
7
Votes |
43
Posts

Check made out to wrong "name"

Brett Roth
  • Investor
  • Anchorage, AK
Posted

Ugh....

      I screwed up.   I wanted different email accounts for my real estate and personal so I named my email account with a name "______ properties".  Anyway, its allowed some separation of email which is nice.  When it comes to brass tacks......leases, receipts, checks, etc.- my name is always signed. Unfortunately a wonderful tenant had a check made out to "______ properties" and I don't know if I'll be able to cash it.....  The check is from a third party so its not like the tenant can easily "write a new check" and they said it took several months for the organization to issue the check.  I know my first move is to talk to my bank.  After that I will try to explain the situation to the third party and involve the tenant in that explanation if necessary.   I recognize that this is my fault and don't want to create a hassle for the tenant.  Also I know I should look into make this a formal business name, or as I've been reading a "doing business as" so as to avoid this in the future. Any other ideas?

Most Popular Reply

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21,918
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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
12,877
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21,918
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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
Replied

I'd endorse it

blank properties

pay to the order of

Brett Roth 

Then endorse with your signature

Brett Roth

Deposit in your account

That should clear 

And yes, get your stuff together, LOL :)

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