My co-op building has given me a check in payment of a senior tax exemption I received for our real estate taxes. The city department of finance has told me that there was an upward adjustment in my exemption at the end of the fiscal year. They sent me a screen shot for my unit to confirm. But apparently the revised figure has not yet been reported to the co-op on a revised tax benefit report. If I go ahead and cash the co-op's check, am I accepting the amount shown? Could I let the co-op know that I am accepting the check in partial payment? --Thank you.
1 Answer from Attorneys
You can cash the check. Doing so isn't going to effect any other money which you might be entitled to.
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