REAL ESTATE RENTAL FORM
Leasing Forms and Addendums

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LEASING FORMS & ADDENDUMS - AUTOMATIC RENT AUTHORIZATION

INVITATION TO ALL RESIDENTS FOR WORRY FREE PAYMENTS

TO INSURE YOU RECEIVE MONTHLY RENT DISCOUNT OR NEVER HAVE TO PAY A LATE CHARGE!

 Dear New or Renewing Resident:

             We look forward to serving you and your family during the upcoming years as you reside in your (new) home.  We will do our part to provide excellent housing for you, and we know that you will make your monthly rental payments on time as well.  As outlined in your rental agreement, under our company's special rent discount program, you receive a discount for making your rental payments by the first of each month.  To help guarantee that you receive this discount every month, we invite you to take part in our special payment program which is explained below.

Our special rent payment program is entitled AUTO RENT SERVICE - our automatic debit program.  With AUTO RENT SERVICE, you will enjoy the convenience of electronic payments.  Each month, with your permission, the funds necessary to pay your rental payment are transferred automatically from your savings or checking account, saving you the time and inconvenience of preparing and mailing a check and insuring that you pay only the discounted rent amount.  This will help to make paying rent easy and painless.  You won't have to worry again about forgetting to mail your check or paying a late charge for late rent!

Simply complete the AUTO RENT Authorization Agreement below.  If you elect to have your checking account debited, we will need a voided check.  If instead you have your savings account debited, we will need a savings deposit slip with your account number.  It's as simple as that and you won't have to worry about your rent being paid on time (Just be sure to keep enough money in the bank to cover the payment).  Your monthly payments will be credited on the first of every month (or the day we both agree to).

Verification of your AUTO RENT transaction can be made by referring to your monthly bank statement. If you decide to change banks while you are renting from us, the AUTO RENT plan can be easily transferred to your new account.  Give us at least two weeks advance notice that you will be changing banks.

During the years you rent from us AUTO RENT SERVICE will save you time and postage, alleviate worry, and insure you that payments are made on time and you pay only the discounted rental amount that will save you $                         each year, plus you will not have to pay any additional late charges.  Of course, when you decide to change residences this AUTO RENT plan will immediately stop.

 AUTO RENT SERVICE AUTHORIZATION AGREEMENT

Yes, I want to insure that I pay only the discounted rental amount each month of only $_________  instead of the normal monthly rental amount of $                .  If my present rental agreement does not include rent discount provision, I understand that the AUTO RENT SERVICE will help to insure that I never have to pay a late charge.  I give authorization to _______________________, owner of my residence, to debit $                  monthly from my          checking acct.  savings account. My checking or savings account number is:                                                                            . Name of bank                                         Bank address                                                                               . Attached is a copy of a voided check or deposit slip with this form.  I give authority for banks handling my checking or savings account to honor electronic transfers or pre-authorized checks drawn by                                                   until further notice is given.  I further understand when I give thirty days notice and move from my present residence, this auto rent service will immediately be canceled.

Resident's signature                                                                      Date _____________

Once the form has been downloaded, you can edit it for your specific needs, therefore it is always recommended that you SAVE A COPY of the original download BEFORE making any changes to it. (See instructions below.)

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