(Closed) security deposit for venue rental

posted 7 years ago in Money
Post # 3
2192 posts
Buzzing bee
  • Wedding: May 2012

I’m surprised that they cashed the check.  Bring it up in a meeting with them.  Places that I have rented from in the past have held my check and returned it to me upon completion of the event when they saw that all was in order.  Never heard of them cashing it before the event ever!

Post # 4
3049 posts
Sugar bee
  • Wedding: January 1991

I had to give $400 security deposit for my venue. They cashed it. Checks that lay around for months/years sometimes can’t be cashed anymore. So it’s pretty normal to cash a check. If at the end of the wedding you did something to mess up the venue, and they didn’t cash the check… and they can’t cash it (sometimes checks are VOID after 90 days) then there is no security in that money you gave them. I also gave a $100 deposit for my DJ, he cashed it the same day! But that money goes towards his total fees. I think what they did is pretty normal.

Post # 5
3314 posts
Sugar bee
  • Wedding: October 2010

I had to give a $100 security deposit and they cashed it immediately.  They also promptly sent me a check for that amount after the wedding was over (we got it about 2 weeks after the wedding I think).  It’s a pretty normal thing.  Same thing if you rent a houseboat or rental house.  They want the money in hand as a security.

Post # 6
10367 posts
Sugar Beekeeper
  • Wedding: September 2010

We did that for our venue – they want to make sure it isn’t a bad check, i’m sure. We got married at a modern art museum – so very reputable. We got the full amount back, no problem.

Post # 7
1679 posts
Bumble bee
  • Wedding: June 2012

My security deposit was cashed as well.  I’m fine with that.  It’ll be a nice bonus when we get it returned after the wedding.  🙂

Post # 8
4355 posts
Honey bee
  • Wedding: June 2013

We gave a $3000 deposit to hold our venue and they warn you of their $500 damage deposit but they just keep your credit card number on file and charge it later if there is cause for it. So technically they don’t take any money unless damage occurs.

ETA- As a PP has said, cheques do stale date after a certain amount of time (6 months I think).

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