Bank draft vs check

Susan:

Heed the advice given by Mr. Kennedy as this could become the worst nightmare of your life. As Mr. Kennedy stated, when you have to fork out thousands of dollars in attorney fees, this digs into your personal profits from the bonus transaction. Sometimes these companies want to utilize a bank draft payable in XXX days in order to give them time to verify records in regards to your interests. In my opinion, they can do their research prior to finalizing the lease and thus pay you with a check. In the past, I have accepted bank drafts and was lucky not to get "cold drafted". On one particular lease, I had to stay in constant contact with the company when the payment date was nearing. Since that experience, I made my own leasing rule that bank drafts would no longer be accepted. Good luck and hope you negotiate a great lease.