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Post dating personal checks

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It is only worth what the one accepting it agrees it is worth (the present value of the promise, like any promise to pay something in the future).. Section 3-104(2)(b) of the UCC, defines a check as "a draft drawn on a bank and payable on demand." A postdated check, since it is not payable on demand, does not satisfy this demand.

Re: Post dating Checks A date on a check has no legal significance of any kind. All the bank is concerned about is if the money is in the account when the check goes through the system.

Writing a post dated check in Pennsylvania is perfectly legal as long as the person to whom you give the check does not submit it for cashing before the date you put on your check.

In situations in which the tenant can be trusted, the landlord has known the tenant to be an honest, on-time payer or the landlord otherwise believes that the money will be in the tenant's account on the date the check posts, accepting a postdated check can be beneficial.

A postdated check does show the tenant's will to pay, and if the funds are in the account on the date the check is cashed the landlord will receive the money.

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