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CCI Real Estate Services Rental PreAuthorized Debit (PAD) Agreement 1. Customer Information (Please Print Clearly) Name: Street Address: City:Province:Postal Code:Telephone Number:Property Code:2.
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What is rental pre-authorized debit pad?
The rental pre-authorized debit pad is a form used to authorize automatic debits from a tenant's bank account for rental payments.
Who is required to file rental pre-authorized debit pad?
Landlords or property managers who have tenants enrolled in a pre-authorized debit program are required to file the rental pre-authorized debit pad.
How to fill out rental pre-authorized debit pad?
To fill out the rental pre-authorized debit pad, landlords need to include the tenant's name, bank account information, rental amount, and authorization signature.
What is the purpose of rental pre-authorized debit pad?
The purpose of the rental pre-authorized debit pad is to authorize automatic debits from a tenant's bank account for rental payments, ensuring timely and efficient payment collection.
What information must be reported on rental pre-authorized debit pad?
The rental pre-authorized debit pad must include the tenant's name, bank account information, rental amount, and authorization signature.
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