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Neighbourhood Property Management

Pre-Authorized Debit (P.A.D.) Frequently Asked Questions:

What is P.A.D.?

With your permission, your payments are made automatically through your Bank or Financial Institution Chequing Account.

Why is PAD Better than Post-Dated Cheques?

It's Convenient: Using P.A.D. eliminates the need for you to write a cheque each month. There is no need to make a trip to deliver or mail your cheque. In the event you are away, your payments will be made on time. Even postal disruptions will not prevent your payments from being made.

It Can Save You Money:

You only have to fill out one form to authorize payments to come out of your account. No need to pay for postage, envelopes or cheques.

Is It Safe:

Yes. With P.A.D. there are no cheques to get lost or stolen. We will only debit your account on the 1st of every month unless you authorize an additional payment.

What Do I Do if I Change My Account?

You need to contact NPM and forward us the new banking information ( PAP form) and we will make the necessary changes.

How soon can I start PAP?

Just fill out the form and send it to NPM and we can process your information within 24 hours for the next month providing we receive it by the 25th of the month. You may fill out the form on-line or download a printable form. Attach a cheque marked "VOID" and return the cheque and the form to Neighbourhood Property Management Inc. Please do this as quickly as possible so your payments will be made in a timely manner.

CLICK HERE TO DOWNLOAD PAD'S AGREEMENT FORM

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