Rental – Pre-Authorized Debit (PAD) Follow the steps to submit the pre-authorized debit agreement online. Please note, you must be able to scan and upload a copy of a void cheque or take a photo using your smartphone as part of the process. If you do not have access to a scanner or smartphone, please print the downloadable form. I/we authorize Inspire Property Management Ltd. and the financial institution designated (or any other financial institution I/We may authorize at any time) to begin deductions as per my/our instructions for monthly regular recurring payments and/or one-time payments from time to time, for payment of all charges arising under my/our tenancy agreement. Regular monthly payments for the full amount of my/our rent will be debited to my/our specified account on the on the first day of each month. utilities (if applicable) will be debited to my/our specified account on the 1st day of the month following the invoice or statement date from the utility provider. Inspire Property Management Ltd. will obtain my/our authorization for any other one-time or sporadic debits (such as fines, move-fees, user fees, etc.). Frequency and Amount of Debits: A debit, in paper, electronic or other form in the amount of my monthly rent, with a reasonable latitude for adjustments, may be drawn on my/our specified account on a monthly basis. Annual adjustments are permitted only if the adjustment is a result of a statutorily permitted rent increase. If payments are sporadic, I/we agree to cooperate with the Payor to pre-authorize the processing of every PAD against my/our account whether authorized verbally or electronically, by use of a password, secret code or such other signature equivalent, as the parties shall agree to constitute valid authorization. Pre-Notification Waiver: I/We agree with the Payee to waive the requirement under the CPA Rules to receive a written pre-notification prior to each PAD as set out in the Rules. This waiver will not constitute an agreement to waive the requirement that notice be given to me/us from our landlord of rent increases or utility payments. This authority is to remain in effect until Inspire Property Management Ltd. has received written notification from me/us of its change or termination. This notification must be received at least ten (10) business days before the next debit is scheduled. I/We may obtain a sample cancellation form, or more information on my/our right to cancel a PAD Agreement at my/our financial institution or by visiting www.cdnpay.ca. Inspire Property Management Ltd. may not assign this authorization, whether directly or indirectly, by operation of law, change of control or otherwise, without providing at least 10 days prior written notice to me/us. I/we have certain recourse rights if any debit does not comply with this agreement. For example, I/we have the right to receive reimbursement for any PAD that is not authorized or is not consistent with this PAD Agreement. To obtain a form for a Reimbursement Claim, or for more information on my/our recourse rights, I/we may contact my/our financial institution or visit www.cdnpay.ca. Do you agree? No Yes Rental Unit Address*The address for the Rental Unit you are about to occupy. Street Address Unit City Payor's InformationName* First Last Company Name (if applicable) Home PhoneBusiness PhoneMobile PhoneEmail Void Cheque Or Bank Information FormDON'T HAVE CHEQUES? NO PROBLEM! If you do not have cheques for your account, you may: - ask your bank for a pre-authorized debit form - download a sample void cheque from your online banking website - provide us with a copy of any other document issued by your bank which shows the (1) institution, (2) transit, and (3) account numbers. Unfortunately, we cannot withdraw funds from credit cards or lines of credit accounts. For security reasons, account details must be on a form or document issued by the financial institution, but need not be a cheque.Attach Void Cheque*Using a smartphone and don't have a void cheque? Try taking a screenshot of your most recent bank statement from your banking website. Just make sure that the image includes the account number and the name and address of the financial institution.