A landlord cannot require cash or electronic funds transfer as the sole means of rent or security deposit payment.
In other words, a tenant may still pay by check or money order. There is an exception if the tenant has bounced a check. This new law comes from Senate Bill 1055.
© 2013 by Fried & Williams LLP. All Rights Reserved. The information contained in this article is general in nature. For advice on any particular matter, please consult with our attorneys because the facts of your situation may be unique and the law changes from time to time.