d34dluk3 wrote:romothesavior wrote:Matthies wrote:kalvano wrote:No, they can't. He doesn't technically owe them money. All they can do is revoke his seat.
I dunno, I seem to remember my despot saying it was non refunable. I know when someone gives me a depsoit to rent one of my places I hold that deposit until they move in, and deducting from thier total move in costs. but by leaving a depsot they are agreeing to rent my place and I'm agreeing to hold it for them and not rent it out to anyone else. If they later change thier mind, and decide not to rent my place, then as the recipt i gave them says, theat depsoit is do in consideration of me taking the unit off the market and holding it for them. I don't see a seat deposit being that diffrent. Until he telles them he is not attending they can not give that seat to someone esle. Once he does tell them that, then if the depsot was non refunadble given in cosnideration of saving hima seat they are owned that money. If the aparment depsot check bounces I'm reporting it to the crdit buerue, not becuase I really need that $100 or whatever, but becuase that's how I and other landlords, running thier credit, know if someone as ripped us off or woes rent or a depsoit to anuther landlord and thus is not a good credit risk.
+1. I dunno how everyone is arguing he can get that money back. But maybe I'm not up to speed on checking/deposit policies.
Did you see the part where the school didn't cash the check? People are saying he should have put a stop on the check before they found it.
No, I did not miss that part. But did you miss the part where kalvano said to still void it? That's ain't gonna happen, and I also think its unethical. This conversation is not about what he should have done in the past; people are still telling him to stop payment on the check.
I'm giving my landlord a check for a security deposit that won't be cashed until August. That check does two things: 1) serves as a security deposity in case I f*ck up my apartment while I live there, but 2) it also secures my spot for that apartment. If I change my mind and don't live there, you can bet your ass she's gonna cash it if she can't find somebody to live there in time. And I shouldn't be allowed to stop payment on it because I made an agreement when I gave her that check, just like OP did when he sent in his seat deposit.