Backdating rent

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If every landlord accepted them, no one would ever collect late fees.When you tell your tenants that you will not accept their check, they have a choice: They can date it properly and avoid a three-day notice; or they can refuse, at which point you are entitled to consider the rent unpaid.That’s what seems to be going on here, which could give your son some legal firepower.Janet Portman is an attorney and managing editor at Nolo.This type of backdating is done to memorialize an earlier event.For example, imagine a board of directors meeting with their lawyer, at which they agree to take certain actions.Rather, it is the use of the backdated documents by the parties or their counsel that may violate the law.” The US approach seems to be founded on the principle that parties to an agreement (or deed) are free to agree that the document is to take effect prior to the date of execution – this is often denoted by dating the document “as of” the earlier date. Bradley Real Estate Trust, the US Court of Appeals (7th Cir.1990) held that: “Illinois courts have, in the past, permitted the “relation back” theory of contract effectiveness: that is, contractual terms may be effective for a period before the contract is executed, so long as such coverage is clear from the face of the contract: In the law of contracts, it is elementary that ordinarily a contract speaks from the day of its date, regardless of when it was executed and delivered.

There, tenancies were agricultural, and few tenants (or landlords) were interested in tenancies for a matter of months: If you’re operating a farm, you can’t get much done and make any money in such a short time.The trick your tenants are attempting to pull off is a common one.This type of backdating conceals the time that an event actually takes place, in order to secure benefits that the person would otherwise not be entitled to (or to avoid consequences that would otherwise ensue). But there’s another kind of backdating that is not illegal; in fact, it’s practiced all the time.Despite recent controversies surrounding the backdating of executive stock options, the general attitude in the US is that backdating is not wrong (or right), per se.In this article, the author writes: “Backdating by itself is not generally, at least with respect to private agreements, illegal.

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