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    #1

    pay in advance

    Hi,
    I would like to pay my rental in advance. I don't want to wait until the due date, or its eve, to make the payment.
    Is there an expression or adjective in English for a payment that is made in advance, please?
    Thanks.


    • Join Date: Oct 2006
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    #2

    Re: pay in advance

    "I would like to post-date my rental payment" if issuing a cheque with a date later than the day of issue.

    "I would like to pay my rent [a week/a month/ten days] in advance" if making a payment before the due date.

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    #3

    Re: pay in advance

    Hello, Anglika!
    There isn't such an expression ''advanced payment'' in English, correct?
    Thanks again!


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    #4

    Re: pay in advance

    No - an advance payment is the term.

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    #5

    Re: pay in advance

    Thanks a lot, Anglika!
    Is it correct to say ''The hotel requested us an advance payment in order to hold the room for the holidays"?
    Thanks!


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    #6

    Re: pay in advance

    Quote Originally Posted by jctgf View Post
    Thanks a lot, Anglika!
    Is it correct to say ''The hotel requested an advance payment from us in order to hold the room for the holidays"?
    Thanks!
    ..

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    #7

    Re: pay in advance

    Quote Originally Posted by Anglika View Post
    No - an advance payment is the term.
    Can I use 'an upfront payment' in this case?

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    #8

    Re: pay in advance

    In the case of hotels, it's called a deposit.

    "A $100 deposit will hold your room."

    More often a hotel will simply take your credit card details, and say that "the room is guaranteed on your card" meaning they will charge your card if you do not show up. The expression, "Guaranteed for Late Arrival" means they have your card, and even if you don't show up until 6AM the next morning, your room will be held for you. The next day, they will charge you for that night.

    It is very common, indeed expected, here to pay one's rent by "post-dated cheques" for the entire year.

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    #9

    Re: pay in advance

    Thanks a lot.
    I am particularlly interested in how to use post-dated cheques in Canada, please.
    I just want to make sure I understood its purpose.
    Is it a cheque issued now, for example, to be discounted in a future date?
    If so, in Canada can I issue a number of cheques, each one referring to a month of the rental, and hand it to my landlord so that he/she will discount it in the due date?
    Thanks!

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    #10

    Re: pay in advance

    The concept of post-dated cheques is not related to discounts. Separate issues.

    When I take a tenant, he gives me twelve cheques, each dated for the first day of each month from now till the end of his one-year lease. Each cheque is made out for the amount of one month's rent (there is no discount involved). I keep them until each date arrives, and then simply deposit the one dated that day.

    In practice, a tenant pays the first and last month's rent in one cheque, dated today (even if he isn't moving in for some time), and then supplies TEN post-dated cheques for the remaining months, starting with the second month of his tenancy.

    They may also be required to post ("pay") a damage deposit or cleaning deposit, which the landlord cashes (puts in his bank) now, and then when the tenant leaves, the landlord does an assessment of damage or extraordinary cleaning required, if any, deducts that expense, and writes a cheque to the tenant for a refund of the balance of the deposit.

    The reason that you need post-dated cheques is that if the cheques were all twelve of them dated today, and you were only supposed to put one in the bank each month, after three months the remaining cheques would be "stale dated" which means they are too old for the bank to accept.

    Now, before some Canadian jumps in here to correct me, I do know that it is CONTRARY to the Residential Tenancies Act (a.k.a. Ontario Landlord and Tenant Act) for a landlord to even request, let alone demand, post-dated cheques. That's the law. The practice, however, is still as stated. We landlords then couch this whole practice into some euphemism, like "For your convenience, I will accept post-dated cheques."

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