Confirmation of Pre-Authorized Debit (PAD) Sign Up

By signing this form and providing either a void cheque or a copy of a bank “PAD form”, the payor understands that Vantage West Realty Inc. will charge the provided bank account once a month, on the 1st for rent collection. The payor understands that as rent is due each month on the 1st and no other charges will be applied to the PAD, that the payor waives the right to receive pre-notification of the amount of the PAD and agrees that advance notice of the PAD is not required.

Any other payments besides rent (example: utilities, deposits, outstanding balance, etc) will not be taken by PAD, and will be the tenants responsibility to arrange a different form of payment. Vantage West Realty Inc. will, however, do their best to deduct any credits on the account from the full amount. The credit will need to be on the account at least 7 business days prior to the withdraw date.

If the tenant requests that a smaller amount is to be deducted from the rental amount, the tenant will need to give written notice to Vantage West Realty Inc. at least 7 business days prior to the rent being withdrawn from your account.

Should you receive a Residential Tenancy Branch approved notice of rental increase while using PAD, Vantage West Realty Inc. will do their best to adjust to the new rental amount on the date the new rental amount takes effect.

It will be the tenant’s responsibility to request the cancellation of the PAD charge at least 7 business days prior to the expected withdrawal, in the form of a written request. It is also the Payor’s responsibility to inform Vantage West Realty Inc. immediately upon the cancellation and/or change of the bank information provided.

If your PAD payment is returned to the NSF, you will be charged $45.00 to cover the fee, and you will be required to pay cash to the office within 24 hours of receiving notice of the NSF. If your payment bounces three times, Vantage West Realty has the right to remove PAD &/or cheque as a payment option.

By signing this agreement, the payor authorizes the provided institution to honour and pay the agreed upon payment on their behalf.

If the payor is not included in the tenancy agreement, this form will need to be signed in person at our office and identification will be required before any payments will be withdrawn using the PAD.

The payor acknowledges that certain recourse rights may be applicable if you feel that any debit does not comply with this agreement.

To obtain more information on Payor’s recourse rights, please contact a financial institution.

Vantage West Realty Inc. will not be held liable for any false or incorrect information given. By signing the below, the payor and/or tenant agree that all names required for authorization of transactions of the provided account have been notified and signed this agreement.

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What Our Clients Say

5.0/5
5.0 /5
189 Reviews

Google
5.0/5
Jun 14, 2021
Google Vantage West Property Management Brooke
Ezra and his team are always super helpful. Their responses are timely and professional. I have always had a good experience with them. Would highly recommend!
Google
5.0/5
Jun 10, 2021
Google Vantage West Property Management Michael
I am a tenant in a property managed by Ezra Cremers and his team mate Jennifer Bernier with Vantage West Realty Inc. I can say that they have made every effort to accommodate all my needs, and those of the property owners. Our dealings have come forth in a timely manor, and with all due respect towards the home owners interests, as well as the tenants needs. I highly recommend this highly professional team. Great work guys!!
Google
5.0/5
May 27, 2021
Google Vantage West Property Management Tom
Work here 5 years
Google
5.0/5
May 21, 2021
Google Vantage West Property Management Sarah
I have owned many income properties in the past, but this is the first time that I had hired a Property Manager. Ezra Cremers from Vantage West Realty Inc-Property Management is amazing. If you are looking for a Property Manager in Kelowna that is communicative, professional and treats your property like it is his own, then Ezra is the Property Manager you need!! Ezra will always be who I will use and who I recommend to any friends and clients that want their investment taken care of.
Google
5.0/5
May 15, 2021
Google Vantage West Property Management Drew
I’m writing today to brag about the beyond exceptional customer service I’ve had with Vantage, but in particular, with Lindsay Anderson. She has managed my rental property for a number of years. Lindsay has always found me exceptional tenants! Lindsay has been a beacon of knowledge and advice. This is my first and only property I rent. Lindsay will retain my loyalty with this property, and if/when I purchase more. Do yourself a favour and look no further. Lindsay is the hardest working individual I’ve ever met! She’ll work her tail off for you till you’re satisfied! Cheers Lindsay👌🍻

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#2 – 1329 Ellis St.
Kelowna, BC V1Y 9X5