Can Real Estate Brokers & Managers Refuse CASH for Earnest Deposits, Rents and Security Deposits? This is an interesting topic…. so, United States Currency says, “This Note Is Legal Tender For All Debts, Public And Private.”
Because of this… There are large groups of people who believe that businesses, including real estate brokers, landlords and property managers MUST accept cash for earnest deposits, rents and security deposits. But, are they right? What does the law say about it? The answer may surprise you! Check it out on this video…
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Paul Vojchehoske
Mr. Real Estate Seminars, Inc.
P. O. Box 540725
Omaha, NE 68154
(402) 660-0395
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Cheers,
Paul Vojchehoske
P.S. Nothing in this video shall be construed as legal or financial advice and is for INFORMATIONAL purposes only! Please consult with a competent attorney, financial advisor, and your broker before implementing anything you’ve learned from this video. Likewise, the issues discussed herein may not be applicable in your state or local jurisdiction.
For Property Management, For Real Estate Agents