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Updated over 7 years ago on . Most recent reply
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LOOKING FOR CLAUSE TO USE WHERE I AM MADE A BILL BY TENANT'S BANK
I am looking to write a clause in my leases where the tenant shall make me a bill to be paid by their bank so I automatically get the rent every month. Does anyone have a sample of one they use in their leases?
Robyn
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I don't understand what you're looking for. A tenant's bank won't give you money unless the tenant specifically authorizes it (and a bill/invoice won't cut it)
I would look into electronic rent platforms like Cozy.co (or others). The tenant can set it to automatically pay you from their checking account each month.
Of course, they still need to do it - and have the available funds in their account.
What problem are you looking to solve?