Strata Tenant Pre-Authorized Debit Agreement

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<2>This form is for tenants only

If you are an owner, please complete the form here: Strata Owner 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.

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Community: Corporation Term

Pre-Authorized Debit Not Available

Thank you for your interest in signing up for Pre-Authorized Debit. Unfortunately, Inspire Property Management Ltd., does not hold funds in trust for your community. So we cannot offer auto-debit to you.

E-transfer, auto-deposit, or other convenient forms of payment may still be available directly through the strata council. Once you have completed your owner information form, we will forward a copy to the council. They will reach out to you directly to advise you of the payment requirements for your community.

Why doesn't Inspire Property Management provide financial services to your community?

Inspire tries to build contracts that make sense for the individual communities we serve. In your community, the council members do not find it necessary to pay a third-party for bookkeeping and collections services that they can do themselves. In turn, they are able to save money and maintain lower strata fees by keeping this work "in-house".

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Community Data

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MM slash DD slash YYYY
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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 the following the monthly fees. Regular monthly payments for the full amount will be debited to my/our specified account on the on the first day of each month. Inspire Property Management Ltd. will obtain my/our authorization for any other one-time or sporadic debits (such as increases).

Frequency and Amount of Debits: A debit, in paper, electronic or other form in the amount of my monthly fees, with a reasonable latitude for adjustments, may be drawn on my/our specified account on a monthly basis. Annual top-ups or adjustments are permitted only if the adjustment is a result of a change to the user fees and such change is approved, or ratified, at a general meeting. 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 notice from the of an approved budget or special levy as required by the .

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.

Recurring fees to pay by pre-authorized debit
Sporadic or one-time fees
Do you agree?
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Has 2nd Address
Unit or house number if there is no unit
street address

Payor's Information

First Payment

First Withdrawal to Include Outstanding Balance(s) for
If you have an outstanding balance, please select whether you would like us to collect the applicable balance when we process the first withdrawal.
[The most common response has been selected for you].

Void Cheque Or Bank Information Form

DON'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.
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Bank Info is on File
Use Bank Info on File?
Your bank info on already file (e.g. from your most recent cheque payment, an email you recently sent with you bank info, etc.). If you wish to use different bank info or are unsure which account you previously provided, select No and provide new banking info with this form.
Upload format
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 your name the account number and the name and address of the financial institution.
Drop files here or
Accepted file types: pdf, Max. file size: 8 MB.
    Update Contact Information?*
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    You will be directed to a new page after your submission is complete. If you selected Yes to to the above question, you will be redirected to the Tenant Information form.

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