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Statewide Housing Choice Voucher
System, SHIVS
Landlord Direct Deposit
How to prepare for and collect direct
deposit information from landlords
October 2009
10/17/2009 7:14 PM1Landlords can have a
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How to fill out landlord direct deposit
How to fill out landlord direct deposit:
01
Obtain the necessary forms or information from your bank or financial institution. This may include a direct deposit authorization form or a voided check.
02
Fill out the required information on the forms. You will likely need to provide your bank account number, routing number, and the name of your bank.
03
Make sure to double-check the accuracy of the information you provide, as any errors could delay or prevent your direct deposit from being set up correctly.
04
Submit the completed forms to your landlord or property management company. They may have a specific process for accepting direct deposit information.
05
Follow up with your landlord or property management company to confirm that they have received your direct deposit information and that it has been set up correctly.
Who needs landlord direct deposit:
01
Landlords who want a convenient and efficient way to receive rental payments from their tenants.
02
Tenants who prefer the convenience of automatic rent payments and want to ensure their payments are made on time.
03
Property management companies that handle multiple rental properties and want to streamline their rent collection process.
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What is landlord direct deposit?
Landlord direct deposit is a method of payment where the tenant's rent is automatically deposited into the landlord's bank account.
Who is required to file landlord direct deposit?
Landlords who have tenants that choose to pay rent via direct deposit are required to set up and maintain a landlord direct deposit account.
How to fill out landlord direct deposit?
To fill out landlord direct deposit, the landlord must provide their bank account information to the tenant so that the rent can be deposited directly into their account.
What is the purpose of landlord direct deposit?
The purpose of landlord direct deposit is to streamline the rent payment process and ensure that the landlord receives their payment in a timely and convenient manner.
What information must be reported on landlord direct deposit?
The landlord's bank account number, routing number, and the tenant's name and rental unit address must be reported on landlord direct deposit.
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