My son is in scouts, and every year, they do the popcorn sales. He's not very good at it, so we usually end up doing the "buy out" thing at the end of the selling season. This year, they want people to not only pay their annual dues, but give them the full buy out amount up front of $100. I wouldn't have a problem with that except they plan to hold those checks for 6 months (until October). Their idea is if at the end of six months, if you owe the money, they'll cash it. If you don't, they'll give it back, or deduct from it the amount of sales you made, etc. I am uncomfortable with having a check held for six months. Both DH and I are contractors, and anything can happen in six months. The last thing I want is for our account to get overdrawn because they cashed a check six months after we wrote it.
Would you be comfortable with this? Do you think it's reasonable for them to request this? I don't think I'm going to agree to it, and if that means my son can't be in scouts, then so be it.