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blackcab

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Posts posted by blackcab

  1. Various posts have been removed.

     

    Please do not post messages stating that you have ignored another member, or that you have reported a post from another member.

     

    Also, please ensure your posts discuss the post and not the poster.

     

    The sorts of posts I have removed are beneath all of you, and they should not have happened.

     

    The daily Covid-19 topic is a serious topic that several members spend a lot of time and effort to create timely and informative posts on a daily basis.

     

    You can discuss matters as much as you want, and you are encouraged to do so, but please do not make personal comments, no matter how much you think the other person deserves it.

    • Like 2
  2. 1. Cash.

     

    2. Ask your bank if they will deposit endorsed third party cheques.

     

    When the purchaser obtains their bank cheque, ask them to not cross the cheque a/c payee only and to not cross out the words "Or Bearer".

     

    Once you receive the uncrossed bank cheque the correct number of company directors needs to endorse the back of the cheque (sometimes twice). After this you should be able to deposit the bank cheque into your own account.

     

    However you must discuss this with your bank first and you must follow their exact instructions, which may include the company directors being present and/or supplying copies of the company DBD, copies of director ID documents and potentially minutes of a company shareholder meeting authorising the actions. Your bank must understand the payee of the bank cheque is a limited company.

     

    Both methods carry substantial risk for the purchaser and they may not be willing to do this.

     

    The risk for you is that if your bank changes their mind and they decline to deposit an endorsed third party bank cheque then you will not be able to get your money.

     

    Or you could open a company bank account. In some cases, if you want to be able to sign on the account you will need to show the bank your work permit when the account is set up.

  3. 1 hour ago, dj230 said:

    She said the company is a chinese rental management company called "Top Ocean Company" which shows little to nothing on google. 

     

    There are 4 currently registered companies containing the words Top Ocean. You would need the company number to be certain which one it was.

     

    If the condo is owned by a company then you will need a copy of the company DBD issued within the last three months. The DBD will state the company director names and also how many directors are required to sign in order to bind the company.

     

    To complete the lease you will need an original signed lease, a company DBD dated within 3 months, a letter of authority granting you permission to pay an alternative person signed by the correct number of directors and the signed ID of those directors.

     

    The lease, the letter of authority and the DBD document will need to have the company stamp on them as well as the director's signatures.

     

    This should all be prepared and present at the time you sign the lease. At this time you will need to give the agent a signed copy of your ID.

     

    You need to be certain who is responsible for refunding your deposit. This should be clearly stated in the lease.

     

    If paying by bank transfer you should permanently keep a copy of all transfer slips.

     

    If you miss any of these details then everything could be fine, or it could go completely wrong.

    • Thanks 1
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