cb1111
Newbie
- Location
- Virginia, USA
There is an issue with forged cashier's or certified checks, but the bank can call and verify validity.Cashier's/certified checks don't bounce because the funds are withdrawn at the point of issuance. That's why they are required for certain transactions and they aren't easy to fake. cb1111 got it correct above; certified check with notarized bill of sale. Protects all parties involved. If they won't take a certified check, you should not buy from them.
When you date the bill of sale, include a time (right before it gets notarized) so that you can show when you took possession - so any traffic tickets he got on the way to the bank are his.