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I told them to just deposit the check, but I would like to know whether such a law exists . While more landlords and tenants are turning to electronic deposits to take care of the rent, there are still plenty of rent transactions that take place using a good old-fashioned paper check.While in theory, a tenant will write out a check to represent funds in the bank and you as a landlord should be able to cash that check at any time and the funds would be there.
State and national banks may have slightly different time frames on this, but in general, banks must pay out on checks that are dated up to six months from the date on the check.
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Notice that some tenants may put a stop payment on a check that hasn’t been cashed out in a reasonable amount of time.
A stop payment lets the bank know that their customer does not want the funds withdrawn when the check is presented.