Bank policy less than user friendly
Many years ago my lawyer suggested a durable power of attorney document for me and my husband. I put our durable power of attorney documents away until I felt that I might need to use it to pay the ongoing bills.
Recently he was hospitalized and I went to the Chase Bank on First Avenue directly across from Stuyvesant Town on Fifteenth Street. After two days of being asked questions, I was told that it would be in action the next day. The next day, I was told by the bank officer that the document had been refused because it had not been written up in the last six months.
I then said that people do not do this every six months, but only get it done to use in an emergency. She said there was nothing she could do, for that was the rule.
I have my own checking account there and have been a customer for about 20-30 years and even when I brought that up I was still not someone passing through New York City, she still could not do anything for me. I called my lawyer who said that it was just the policy of Chase Bank and did not know of a six-month limit in other cases.
My husband has since recovered and I am going to update this document. I am writing to advise and to warn my neighbors of this ruling by Chase. It might be time to look around for another bank, for I always thought that I could use it whenever an emergency arose.
Mary Devers, ST
Tenants’ subletting is none of TA’s business
Re: “Subletting requires more than just matchmaking,” letter, T&V., Jan. 15, which was written in response to the T&V Jan. 8 article, “New business aims to find sublets for students in Stuyvesant Town”
To the editor:
In years past, the Tenants Association used to stand with tenants. However, in Susan Steinberg’s letter lambasting the sublet matchmaking service, the TA is standing with the property owner. Whose side are they really on?
They are focused on outing the tenants who may need to sublet their apartment for totally valid and legitimate reasons, and may not wish to go to the landlord for approval.
Legally speaking, a tenant who overcharges a sub-letter can be liable for treble damages. And, whether or not they sublet is provided in the terms of their lease with landlords, which is construed liberally in favor of tenants by state courts. Tenants are responsible for knowing the rules.
It seems like the TA is taking an “anti-youth” position here. Tenants do not need the Tenants Association providing “helicopter parenting” to lecture them on what they may or not do.
Name Withheld, ST