TP LEIP In the contract of sale of Smiths' house to Jones, no particular method of payment was specified. Jones's lawyer has heard rumours that Smith got a much better offer after he signed the deal with Jones, and, from the attitude displayed by Smith recently. Jones's lawyer thinks Smith may be hoping the deal will fall through Jones should make sure that, if he has a personal cheque for the full amount, it is accompanied by a banker's letter guaranteeing the funds are there need not worry about how payment is made since, as long as it is the exact amount, Smith cannot legally refuse any mode of teller, provided that the contract did not stipulate a particular mode should make sure he has cash for the full amount on the date of closing should make sure he has a certified cheque for the full amount on the date of closing