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tenant will need to give written notice to Vantage West Realty Inc. at least 7 business days prior to the rent being withdrawn from your account.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form will need to be signed in person at our office and identification will be required before any payments will be withdrawn using the PAD.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
153 Reviews

Jan 18, 2021
Google Vantage West Property Management MARINO
It’s has been an absolute please dealing with Ezra and Vantage. We were with a sub par company before and I’m so glad we found Ezra. The professionalism, along with the trust he has fostered is paramount to us. If you want to know your investment is being taken care of, go with Ezra.
Jan 15, 2021
Google Vantage West Property Management Ryan
Ezra has been an excellent manager, he is very professional, personable & is easy to deal with. We will continue to work with him & his company as long as possible.
Jan 12, 2021
Google Vantage West Property Management Nora
Ok, so there are 3 of us owners of a rural property in Kelowna and we all live in a different city, so this means Ezra is having to deal with 3 absentee landlords. While I took the lead on most of the issues, Ezra was ready to switch gears and communicate with one, two or three of us as the need arose. I have had tenants before and most have been really good, but I can’t imagine being a property manager and dealing with multiple tenants and landlords and the many issues that arise. Ezra and his team are ready, willing and more than able to meet any challenge that came their way, and there were a few. He always maintains respect and courteous behaviour with his tenants and I like that. He placed the perfect tenants in our rural property. They treat it as their own home, and we have no worries. Ezra is able to ‘read’ people very well, which is everything in this business. Ezra even helped me with an issue with a tenant that had nothing to do with the property that he was under contract with. He provided me with guidance when I had another tenant who was giving me lots of grief, that’s going above and beyond. I really can’t say enough about this company, Ezra and his team. You won’t be able to get better than this. I would hire him again in a heart beat. All the good reviews on here are true.
Nov 29, 2020
Google Vantage West Property Management Jean
Our property manager Trevor Glinsbockel has provided excellent customer services experience!
Nov 28, 2020
Google Vantage West Property Management Alina
Very happy with the service that Trevor and his team always delivers!!!! Highly recommend for any property management needs!

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