Hello,
I own small office property. I have a new tenant who for accounting purposes ask if it is ok for him to provide me 2 checks per month – he will still pay on the 25th every month – but 2 checks instead of one. Me being a skeptic – it immediately raisied flags. But – in speaking to his old landlord they vouched that the payments have never been late.
If you find out why they prefer the two check method share it with us, I’m curious. Maybe they are writing the checks out of a money market account or similar with a limit on the amount that can be drawn per check…just a thought.