PAYING THE RENT.

Rent is usually payable on the first day of each month. Some landlords may ask for postdated cheques. A postdate cheque is a cheque given to someone at an earlier date than is shown on it. A postdated cheque cannot be cashed until the date shown on it. It is not uncommon to give a landlord cheques dated for the first of every month for the life of the lease.

If you pay your rent in cash, make sure you get a receipt for the full amount.

You can also pay your rent by certified cheque. A certified cheque is a cheque that the bank guarantees it will cash. The bank can make the quarantee because it removes the money from your bank account when it certifies the cheque. Many landlords expect a certified cheque for the first and last month's rent. Banks charge a service fee for certified cheques.