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Terms & Conditions
The following terms of service are for Rentec Direct customer's using
software or services from Rentec Direct to manage properties and/or
tenants. If you are an unaffiliated website visitor, tenant, resident,
or property owner logging into the tenant or owner portal provided to
you by your property manager, the following terms of service do not
apply to you.
1. Definitions
1.1. "Deliverables" shall mean items delivered to Rentec Direct and Customer
under this Agreement, including but not limited to any customer lists, tenants,
property data, agreements, hardware, data, documentation, including manuals
and other written materials, software including code, graphics, HTML documents,
methodologies, know-how and training.
1.2. "Rentec Direct", "Rentec", and "we", shall mean "Rentec Direct LLC", and
Oregon Limited Liability Corporation.
1.3. "Party" shall mean Rentec Direct or Customer, collectively referred to
as "Parties".
1.4. "Services" shall mean services to be performed by Rentec Direct.
1.5. "Customer" shall mean the user who signs up and uses the Rentec Direct
application(s). "You", "you", "Your", and "your" also reference "Customer".
1.6. "Information" shall mean all confidential, proprietary or secret information,
including without limitation data, plans, programs, business plans, website
plans and designs, subcontractors, Deliverables and other information or material
owned, possessed or used by either Customer or Rentec Direct and designated
by the respective Party as confidential.
1.7. "Business Days" means Monday through Friday, excluding Holidays.
2. Services & Products provided by Rentec Direct
2.1. Rentec Direct is providing an online software application useful for managing
rental properties and/or associations. The product is delivered online by means
of the world wide web using technologies including, but not limited to, HTML,
Java, AJAX, CSS, server-side scripting languages, and databases. As such, Customer
is responsible for your own Internet connection in order to connect to Rentec
Direct.
2.2. Rentec Direct will back up all applications and data within its control.
Customer should still maintain copies of their own data to ensure its safe
keeping. It is always recommended to have hard copies of financial records.
While Rentec Direct will make every effort to ensure a reliable backup is always
maintained of all data, Rentec Direct will not be responsible for loss of data
under any circumstance.
2.3. Rentec Direct is designed to be simple to use and simple to get started
with. Most Rentec Direct customers require no support at all since the system
is designed to be so easy to use. There is online documentation designed to
provide self-help for most tasks, available by clicking "need help" within
the software. Rentec Direct also offers free one-on-one support via email,
chat, and telephone. This free support is for product usage questions and how-to
questions specific to the services and products and their features. Manipulating
or modifying your data is outside the scope of our free support. Assistance
manipulating or modifying your data is available at $65 per hour by our customer
service staff, and is available as time allows.
2.4. Most data imports can be done using the import templates we provide at
no cost. If you do need assistance populating the templates or converting your
data, we can provide this service at $65/hr. You can export all files and ledgers
from the system yourself; however, if advanced data export services are requested,
subject to our availability, those services would be quoted at the time of
the request.
2.5. Rentec Direct may provide services through third-party vendors such as
tenant screening, electronic payments, tax filing, and other complimentary
services. Rentec provides these services on an AS-IS basis, and provides no
warranty or guarantee of their performance or accuracy. Third party services
may also have their own associated costs that are billed to you either directly
or through Rentec Direct. It is the Customer's responsibility to verify the
accuracy and cost of any third-party services before utilizing them. For third-party
products or services introduced through the Rentec Direct platform, Rentec
Direct communications, or the Rentec Direct blog, Rentec Direct may earn a
commission or referral fee for introducing you to the third-party product.
2.6. Rentec is continually innovating and adding new features and services.
Sometimes those new or modified features are included with an existing product,
sometimes they are free, and sometimes they have a charge associated with them.
If a new feature has costs associated with it, those costs will be disclosed
in the feature's announcement or documentation. All current products offered
by Rentec Direct, and any future features or products will also be subject
to these terms of service.
3. Compensation and Payment
3.1. Rentec Pro and Rentec PM is an online subscription. Pricing information
for Rentec Direct products can be found at
https://www.rentecdirect.com/pricing. Rentec Pro and Rentec PM subscriptions are billed monthly and vary
based on the quantity of properties or units you are managing. If the
number of tenants exceeds the number of units by more than ten percent,
Rentec may elect to bill based on the number of tenants instead. If
Customer wishes to maintain the Rentec Pro or PM membership, current
payment information must be maintained within the Your Account section at
all times. If ACH, also known as electronic draft or eCheck, data is
provided, Rentec will usually use this as the primary billing method. If a
credit card is added to the file it will then be used as a backup funding
source in the event the ACH transaction fails. Rentec Direct will
automatically bill the provided payment information on the anniversary of
sign up monthly until payment information is removed by Customer.
3.2. Rentec Direct may periodically update pricing to meet current market conditions.
For software provided directly by Rentec Direct, those modifications will be
applied to your invoice over a two-year period. If you are on legacy pricing,
each calendar year, beginning with the invoice on or directly following January
1st, the monthly invoice will adjust in the direction of the pricing change
by fifty percent (50%) of the difference, with a minimum change of $5/mo. (For
example: If your current total cost for software is $200/mo and the price for
the number of units you manage changes to $224/mo, your invoice will increase
next January to $212, and then the following year it will adjust to $224.)
For products offered by third parties and re-sold by Rentec Direct (i.e. tenant
screening, electronic 1099s, merchant fees, etc), if the costs of those products
or services change, those prices will be effective at the time we are notified
or become aware of the change from the third-party.
3.3. Products or services re-sold through the Rentec Direct software are often
provided by third-parties. These product and services include, but are not
limited to, tenant screening, electronic payments, merchant services, electronic
signatures, and tax filing. Third-party products are non-refundable once ordered
or delivered, even if an error or misconfiguration caused inaccurate billing
of the third-party service. At Rentec's sole option, refund requests may be
made to the third-party for errors, and if refund requests are given by the
third-party all or part of the refund may be given to Customer as a credit.
3.4. Many features are included at no additional cost with Rentec Pro and Rentec
PM subscriptions. These services are included assuming that your account uses
an average number of these services compared to typical industry usage. In
the event your account exceeds the industry average, plus a generous margin,
Rentec Direct may invoice for the services that exceed that average in the
previous billing cycle at the following rates. Electronic signatures: $2.50/ea
if signature count exceeds 15% of property count. Text messages: $10 per 500
messages if text message count exceeds 1,000% of property count. ACH payments:
$0.50/ea if ACH count exceeds 100% of property count.
3.5. Customer agrees and understands that Rentec Direct is not obligated to
refund any products or services which have been delivered.
3.6. A service is considered delivered under the following circumstances. Rentec
subscription services are considered delivered upon the day directly following
the subscription renewal date. For example, if the renewal date is the 15th
of each month, Rentec Direct will bill the available payment method on the
15th, and subscription services are considered delivered on the 16th of the
month. Ancillary products provided by Rentec Direct, such as tenant screening,
are considered delivered at the time of order, whether or not the report ordered
is returned instantly or not. Rentec Protect annual membership is considered
delivered on the date you sign up for the service, and on each annual renewal
thereafter unless cancelled prior to the renewal date. In all cases, services
are considered delivered whether or not you have logged in to the system if
the account has not been cancelled.
3.7. Any returned check, NSF, or credit card refusal/chargeback resulting from
the payment for services purchased and delivered by Rentec Direct will incur
a $35 (or maximum allowed by law) fee, in addition to the original amount owed.
3.8. If you enter a bank draft / ACH payment information to pay for your subscription,
you authorize Rentec Direct to electronically debit your account for the monthly
balance due. You understand that this authorization will remain in full force
and effect until you notify Rentec Direct that you wish to revoke this authorization.
Authorization can be revoked by cancelling your Rentec Direct service as defined
in Termination section of this agreement.
3.9. An unpaid past-due balance may result in your account being locked and
inaccessible until any past-due balance is paid in full, plus any applicable
fees related to the re-activation of your account. Any past-due amounts remaining
past due in excess of 30 days will accrue interest at 1.5% per month. An account
remaining unpaid or unused in excess of six months may have the information
removed to restore room on the server for other subscribers.
3.10. In the event a backup payment method is not provided or not available,
Rentec Direct, LLC reserves the right to suspend the unpaid account until all
amounts due, plus any applicable service charges, are paid in full. If any
supplied payment method repeatedly fails to process a charge, that payment
account or payment method may be disabled for your account.
3.11. Balances left unpaid in excess of 30 days including but not limited to
subscription fees, tenant screening charges, payment processing charges, NSF,
chargeback, and returned item charges may be turned over to a collection agency
or collection attorney and reported to the credit bureaus. Customer agrees
to be responsible for any and all collection costs; including but not limited
to attorneys fees, collection fees, and any fees associated with reporting
or removing data from the credit bureaus.
3.12. Your invoice will include any applicable taxes, including but not limited
to sales tax. Any sales tax collected on your behalf and already paid to the
state is non-refundable.
3.13. If the state or jurisdiction you are doing business in imposes excess
fees or taxes upon interstate transactions that causes our costs to increase,
in order for us to afford doing business in your location, those fees may be
added to your invoice.
3.14. You may view your transaction and invoice history by logging into your
Rentec Direct Account and looking at your Account History. You agree to review
your transactions through your Account History instead of receiving periodic
statements.
4. Confidentiality
4.1. Customer and Rentec Direct shall hold each other's Information in confidence
and not disclose such Information to any third party except as allowed and
necessary to perform under this Agreement. Customer agrees that access to Rentec
Direct's Information shall be limited to those employees that have a signed
confidentiality agreement with Customer and have a need for such information.
4.2. Rentec Direct shall have the right to disclose Customer's Information
to subcontractors who have a need-to-know in connection with this agreement
or any Service Addendum, and who are bound in writing to preserve the confidentiality
of the Information.
4.3. Customer agrees that Rentec Direct's Deliverables constitute Information
of Rentec Direct.
4.4. "Information" shall not include information that (a) was in the receiving
Party's possession prior to the submission thereof by the disclosing Party,
(b) is obtained by the receiving Party from a third party who is not bound
by obligation of confidentiality and has a right to disclose such information,
(c) is or becomes generally known or available other than by unauthorized disclosure
or (d) is independently developed by the receiving Party without access to
the other Party's Information. The burden of proof for Information to fall
under any of the above exceptions shall be by clear and convincing evidence.
4.5. Unless disallowed by an order, if either Party is required by order of
any court or regulatory authority to disclose the other Party's Information,
then the required Party shall first give notice to the other Party. You agree
to hold Rentec Direct harmless for the release of any information related to
your account in connection with a subpoena or any other court order including,
but not limited to, any claims that you did not receive notice of the subpoena
from us.
4.6. Customer agrees to the terms of Rentec Direct's privacy policy located
at
https://www.rentecdirect.com/privacy-policy.
5. Limitation of Liability
5.1. RENTEC DIRECT MAKES NO WARRANTIES, EXPRESS OR IMPLIED, OF MERCHANTABILITY
OR FITNESS FOR A PARTICULAR PURPOSE OR INTENDED USE. THE REMEDIES SET FORTH
IN THIS CLAUSE 5, SUBJECT TO THE LIMITATIONS SET FORTH IN CLAUSE 5.2, AND ARE
THE SOLE REMEDIES AVAILABLE TO CUSTOMER.
5.2. NOTWITHSTANDING ANYTHING IN THIS AGREEMENT TO THE CONTRARY, IN NO EVENT
WILL RENTEC DIRECT BE LIABLE FOR ANY CONSEQUENTIAL, EXEMPLARY, INCIDENTAL OR
PUNITIVE DAMAGES, INCLUDING, WITHOUT LIMITATION, LOST PROFITS OR TIME ARISING
OUT OF OR IN CONNECTION WITH THE SERVICES, THE DELIVERABLES OR THIS AGREEMENT,
EVEN IF RENTEC DIRECT HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
IN NO EVENT WILL THE CUMULATIVE LIABILITY OF RENTEC DIRECT FOR ANY BREACH OF
THIS AGREEMENT REGARDLESS OF THE FORM OF ACTION, WHETHER IN CONTRACT OR TORT
(INCLUDING NEGLIGENCE) EXCEED THE LESSER OF $5,000 OR THE FEES ACTUALLY PAID
BY CUSTOMER FOR THE SPECIFIC PRODUCT OR SERVICES WHICH DIRECTLY GAVE RISE TO
SUCH DAMAGES IN THE ONE YEAR IMMEDIATELY PROCEEDING THE EVENT THAT IS THE BASIS
FOR SUCH CLAIM.
5.3 Customer agrees to indemnify, hold harmless, and defend at Customer's expense
Rentec Direct and its affiliates against any and all claims, demands, costs,
losses, damages, liabilities, judgments, attorney fees and all other expenses
arising or alleged to arise in connection with Customer's use of this software
or services.
6. Termination
6.1. Your Rentec Direct subscription may be cancelled at any time by logging
into Rentec Direct and cancelling the account at Settings, Your Account &
Subscription, Modify Subscription.
6.2. An unpaid account left unused for six months may be automatically cancelled
by manual or automatic means and all information within the account deleted
to restore room on the server for active accounts.
6.3. Rentec may archive or permanently delete the data contained within a locked,
suspended, cancelled, or terminated account. If the data has not been permanently
deleted, at Rentec's option and availability the data may be restored at the
request of Customer for a fee to be determined at the time of the request.
6.4. Rentec Direct reserves the right to modify or discontinue any feature,
product, or service. This includes modification or discontinuation of a feature,
product or service for a particular region or area or to a particular customer.
In such a case, Rentec Direct will attempt to provide a minimum of 30 days
notice to any affected customers. Rentec Direct also reserves the right to
immediately cancel service, without advance notice, to any customer who exhibits
threatening, malicious, illegal, or abusive behavior.
6.5. Customer may request their account re-activated after cancellation. Rentec
Direct has the sole and exclusive option to re-activate a cancelled account.
If re-activation is approved, the re-activation will require restoration from
backup and will incur a re-activation fee.
7. Miscellaneous
7.1. Any dispute arising out of this Agreement shall be resolved by binding
arbitration conducted by The Arbitration Service of Portland, located in Portland,
OR. The venue for arbitration shall be Grants Pass, OR or the closest available
location to Grants Pass, OR available through the arbitration service. In the
event the Arbitration Service of Portland is unavailable, the arbitration shall
be conducted by the American Arbitration Association with the same venue parameters.
In the event a Party initiates arbitration to enforce any of the provisions
hereof, the prevailing Party shall be entitled to receive from the other Party
all reasonable costs of such arbitration, including reasonable attorney's fees.
Notwithstanding the above, Customer agrees that a breach of the confidentiality
provisions contained herein will give rise to irreparable injury to Rentec
Direct, and that Rentec Direct shall be entitled to immediate injunctive relief
for such breach in a court of competent jurisdiction.
7.2. Jurisdiction and venue of any matter not subject to arbitration shall
reside in Josephine County, State of Oregon. The Federal Arbitration Act shall
govern all matters relating to arbitration. The laws of the State of Oregon
shall govern all other matters relating to or arising from this agreement.
7.3. If the laws of the state in which Customer resides expressly require the
application of its laws for interpreting or enforcing agreements such as this,
then the right to use or sign up for Rentec Direct's services is expressly
not permitted.
7.4. Use of this product is reserved for legitimate property managers, landlords,
and associations. If you do not fall into one of these categories; or if you
are affiliated with, own, or are employed by a service providing property management
software to property managers, landlords, or associations, permission to use
services by Rentec Direct, LLC is not permitted. Property management software
is defined as any application, service, or website which directly offers, or
has the terms "property management software", "landlord software", or "association
software" within the source of their website or marketing materials.
7.5. In the event more than one individual is requesting access to data contained
within a Rentec Direct database, the data will be distributed as follows. If
the account is an individual account and has never been affiliated with a business
entity, the data will be provided to that individual or their beneficiary.
If the account is registered to a business entity or corporation, the data
will be provided to the registered owner of the corporation as determined by
either state registration data and/or other legal documents. In the event of
a dispute over data, Rentec reserves the right to suspend the account, or access
to the data, until sufficient proof of ownership or access is provided.
7.6. The information provided when signing up (including your name and email
address), and information entered via other contact information forms, and
entered via additional user forms, may be included in our information broadcasts
which may include announcements of new updates, products, or newsletters. Your
information will remain in our announcement database, even if your account
is cancelled, until you request your information removed by clicking unsubscribe
at the bottom of any of the messages at which point it will be promptly removed.
7.7. This agreement may be updated by Rentec Direct from time to time at which
point the new agreement will be effective 30 days after it is posted for existing
customers and in effect immediately for new customers. Rentec Direct will announce
if there have been any updates to this agreement when you log in. Your continued
use of the software constitutes your agreement with the then current terms
of service. The most recent version of this agreement will be located at https://www.rentecdirect.com/terms.
A date and revision will be posted at the bottom of this and future agreements
to assist in determining any changes. In the event you wish to opt-out or disagree
with any revisions of this agreement, Customer is advised to submit an email
to support@rentecdirect.com requesting cancellation of their account based
upon the new terms of service. If Customer has paid in advance for any services
or products and requests termination of their account because of changes made
to the agreement, any pre-paid and unused funds will be refunded to Customer.
7.8. It is important for you to understand the laws and regulations within
your jurisdiction. While Rentec Direct makes every effort to create a flexible
software platform that works well in most jurisdictions, Rentec Direct does
not warrant the software for any particular jurisdiction. If Rentec Direct
does not meet the legal needs of your jurisdiction, you agree to discontinue
use of all Rentec Direct software and/or services immediately.
7.9. You provide Rentec Direct staff explicit permission to contact you by
phone, email, mail, live chat, or text message in response to your inquiries
using the contact information you have provided. Any communication you have
with Rentec Direct is not to be considered legal advice even if the response
sounds legal in nature or is regarding a legal topic. This includes, but is
not limited to, emails, phone calls, chats, blog articles, or other written
material provided by Rentec Direct.
7.10. If you send email or text messages using the Rentec Direct interface,
you agree to follow all laws, rules, and regulations related to email and text
message communication, including but not limited to, the Telephone Consumer
Protection Act (TCPA) and the CAN-SPAM Act. You further agree to always obtain
consent from any recipient you plan to send messages to, and promptly discontinue
sending messages to them upon their request.
7.11. Customer is responsible for maintaining the confidentiality of their
account and password and for restricting access to their network and computer(s),
and Customer agrees to accept responsibility for all activities that occur
with their account, including activities that occur by their employees or any
other user accounts created by Customer. Customer agrees to keep their account
information secure and will take all necessary steps to keep their account
information confidential including: a) using a strong password, b) using a
different password for your Rentec Direct account than you use for any other
application or website, c) not sharing your password with others, including
business partners or employees, d) using multi-factor authentication, and e)
always setting up separate user accounts for employees or others whom you grant
access to your account. Customer is responsible for the security of their computer(s)
and equipment used to access Rentec Direct systems, and is responsible for
developing security procedures and training their employees on the procedures.
7.12. Notices. You agree that Rentec Direct may provide notice to you by posting
it on our website, emailing it to the email address listed in your Account,
or mailing it to the street address listed in your Account. Such notice shall
be considered to be received by you within 24 hours of the time it is posted
to our website or email to you unless we receive notice that the email was
not delivered. If the notice is sent by mail, we will consider it to have been
received by you three Business Days after it is sent. You may request a paper
copy of any legally required disclosures and you may terminate your consent
to receive required disclosures through electronic communications by contacting
Rentec Direct. Rentec Direct will charge you a Records Request Fee of $25 to
provide a paper copy.
7.13. Identity Verification. Some services provided by Rentec Direct require
that we validate the identity of the user. This may include, but is not limited
to, verifying the user's identity through a third-party service, verifying
the user's identity through a government-issued ID, or verifying the user's
identity through a credit card. Rentec Direct reserves the right to refuse
or discontinue service to any user who does not pass the verification process.
8. Force Majeure
8.1 Neither party will be liable for failure to perform the party's obligations
if such failure is as a result of Acts of God (including fire, flood, earthquake,
storm, hurricane or other natural disaster), war, invasion, act of foreign
enemies, hostilities (regardless of whether war is declared), civil war, rebellion,
revolution, insurrection, military or usurped power or confiscation, terrorist
activities, nationalization, government sanction, blockage, embargo, labor
dispute, strike, lockout or interruption or failure of electricity, internet
access, or telephone service.
9. Website and Property Listings Hosting
9.1. If Customer publishes a website, rental listings, or rental application
through Rentec Direct, Customer agrees to abide by all local and federal laws
governing the content of that website. This includes content provided by Customer
and the website in its entirety. This includes, but is not limited to, any
website accessibility requirements and fair housing laws. Rentec Direct does
not warrant that any components of the website, property listings, or rental
applications meet any local or federal laws and it is your responsibility to
know your laws and verify the website meets the needs of your particular locale.
In the event the website does not meet your needs, it is your responsibility
to discontinue use of the web resources provided by Rentec Direct.
9.2. Customer agrees to publish materials related to property management only.
9.2. Customer agrees to not publish anything illegal or illicit on their website.
9.3. Customer agrees to not publish anything related to the following categories:
gambling, multi-level marketing, pornography, or drugs.
9.4. If Customer uses a web address provided by Rentec Direct, Customer acknowledges
that this domain is the property of Rentec Direct and will remain the property
of Rentec Direct forever. The use of this web address will be available only
while Customer's account is active and in good standing. Example: yourcompany.propertymanage.biz.
9.5. If you have registered and own your own domain (such as www.yourdomain.com)
and have it pointed at Rentec Direct's servers, you can re-point that domain
anywhere else at any time by contacting your registrar or DNS hosting provider.
9.6. If Rentec, through a promotion or otherwise, orders a domain on your behalf
and pays the cost of registering that domain, the domain will be registered
in Rentec Direct's name. At any time you can request that the domain be transferred
to another registrar provided your account is in good standing with Rentec.
9.7. Website hosting is subject to fair use guidelines. If the traffic to a
website greatly exceeds the average of other hosted websites, Rentec Direct
may request that Customer move to a high capacity hosting provider.
9.8. Under no circumstances will Rentec be liable for loss of any business
or online presence (SEO or otherwise) by hosting Customer's website. This includes
circumstances such as, but not limited to, service disruptions or website suspension.
9.9. Rentec reserves the right to discontinue hosting Customer's website at
any time.
9.10. Solely for purposes of providing the Services, Customer hereby grants
to Rentec Direct a non-exclusive, royalty-free, worldwide right and license
to: (i) use, reproduce, publicly perform, publicly display, modify, translate,
excerpt (in whole or in part), publish and distribute Customer's Content; and
(ii) make archival or back-up copies of Customer's Content and Customer's Websites.
Except for the rights expressly granted herein, Rentec Direct does not acquire
any right, title or interest in or to the Customer's Content, all of which
shall remain solely with Customer.
9.11. Rentec Direct exercises no control over, and accepts no responsibility
for, Customer's Content or the content of any information passing through Rentec
Direct's computers, network hubs and points of presence or the Internet. Rentec
Direct does not monitor Customer's Content. However, you acknowledge and agree
that Rentec Direct may, but is not obligated to, immediately take any corrective
action in Rentec Direct's sole discretion, including without limitation removal
of all or a portion of the Customer's Content or Customer's Website.
10. Copyright policy
10.1. It is not permitted for Customer to post unlicensed copyright material
on any of Rentec Direct's servers. It is Customer's responsibility to purchase
licenses for any material, including but not limited to, images, videos, audio,
text, or any other content that can be copyright, before publishing it on any
service provided by Rentec Direct.
10.2. It is Rentec Direct's policy to a) remove content that we believe in
good faith to be unauthorized use of copyrighted material, and b) remove and
discontinue service to repeat offenders.
10.2. Rentec Direct responds to copyright complaints submitted under the Digital
Millennium Copyright Act ("DMCA") section 512. For information on how to file
a complaint, visit
https://www.rentecdirect.com/dmca-policy.
11. Online Payments
11.1. Online Payments Definitions
a. "ACH" means the Automated Clearing House network, also known as electronic
funds transfer.
b. "Chargeback" means a request that a buyer files directly with his or her
credit card company or bank to invalidate a payment.
c. "Disputes", "Claims", and "Reversals" means a challenge to a payment that
a Tenant or Owner files directly with his or her credit card company or bank.
A Dispute, Claim, or Reversal may be filed if the Tenant or Owner believes
that the payment was made in error or was unauthorized.
d. "Days" means calendar days.
e. “Tenant,” and “Renter” means the individual or organization who has a contract
with the Landlord to rent or lease a property managed by the Customer.
f. "Owner" means the individual or organization who has a contract with Customer
to manage a property owned by the Owner.
11.2. Rentec Direct is a software application which helps you schedule and
send payment or credit instructions to your merchant account or payment service
provider. Rentec Direct is not a merchant service or payment service provider.
It is Customer's obligation to review any transactions initiated by Rentec
Direct for accuracy before those funds settle, which is typically one Business
Day, and notify Rentec Direct and your merchant provider of any errors.
11.3. Assignment. You may not transfer or assign any rights or obligations
you have under this Agreement without Rentec Direct's prior written consent.
Rentec Direct reserves the right to transfer or assign this Agreement or any
right or obligation under this Agreement at any time.
11.4. Customer acknowledges that Rentec Direct is only sending the electronic
transactions that You, your Tenant, or your Owner initiates and does not hold
itself out as a collection agency or payment processor. It is the Customer’s
responsibility to ensure that such transactions are received in a timely basis
according to the terms of the separate lease/rental agreement executed between
the Customer and Tenant and/or Owner. Any dispute between the Tenant/Owner
and Customer regarding amount of payment, timing of payment, lack of payment,
late-charges incurred, overdue rent and the like will be handled exclusively
between the Owner/Tenant and Customer. Additionally, any disputes related to
any other payments sent to or received using Rentec Direct to any other party,
will be handled exclusively between Customer and that party.
11.5. Customer acknowledges that they will have a separate agreement with a
payment processor, and that payment processor will be the entity that handles
the financial transactions. Customer agrees that any dispute related to payment
processing will be handled directly between Customer and their payment processor.
Further, Customer agrees to defend and hold harmless Rentec Direct related
to any action or dispute related to payment processing services, even if Rentec
Direct assists with any communication between Customer and the payment processor.
11.6. At Rentec Direct's option, Rentec Direct may pay the processing fees
directly to the payment or merchant processor, and then discount or mark-up
those rates and invoice them to the Customer. If Rentec Direct does not elect
to pay the processing fees directly, you will receive a separate invoice from
the payment processor.
11.7. Online Payment Processing Fees. All fees are in U.S. Dollars unless otherwise
stated and are in addition to your software subscription cost.
$0
Per Incoming ACH Transaction *
$0.50
Per Outgoing ACH Transaction
$0.50
ACH Verify
$0
Monthly Fee
$0
Setup Fee
2.95%
VI/MC/DISC Credit Transactions
3.50%
AMEX Credit Transactions
Each credit card transaction has a $1.00 minimum transaction fee. Debit cards
are charged as credit transactions and have the same costs as credit transactions.
Chargebacks, either from ACH or Credit Card will incur a $35.00 fee. ACH Returns
due to NSF or other bank rejections will incur a $5.00 fee. Transactions which
are voided prior to processing will not incur a processing fee. All transactions,
including transactions which are refunded at a later date, incur the listed
processing fee.
* One (1) Incoming ACH transactions is free per active property. Excess ACH
transactions will be billed at $0.50/each.
11.8. Restricted Activities. In connection with your use of our website, your
account, or the Services, or in the course of your interactions with Rentec
Direct, a User or a third party, you will not: a) Breach this Agreement or
any other agreement that you have entered into with Rentec Direct (including
a Policy); b) Violate any law, statute, ordinance, or regulation; c) Provide
false, inaccurate or misleading Information; d) Send or receive what we reasonably
believe to be potentially fraudulent funds; e) Conduct your business or use
the Services in a manner that results in or may result in complaints, Disputes,
Claims, Reversals, Chargebacks, fees, fines, penalties and other liability
to Rentec Direct, a User, a third party or you; f) Use your Account or the
Services in a manner that Rentec Direct, NACHA, Our Banks, Visa, MasterCard,
American Express or Discover reasonably believe to be an abuse of the ACH or
credit card system or a violation of credit card or NACHA association rules.
11.9. Your Liability. You are responsible for all Reversals, Chargebacks, Claims,
fees, fines, penalties and other liability incurred by Rentec Direct, a Rentec
Direct User, or a third party caused by or arising out of your breach of this
Agreement, and/or your use of the Services. You agree to reimburse Rentec Direct,
a User, or a third party for any and all such liability.
11.10. Reimbursement for Your Liability. In the event that you are liable for
any amounts owed to Rentec Direct, Rentec Direct may charge those amounts to
the payment information present on file or to the settlement account used in
conjunction with your merchant account. You authorize Rentec Direct to electronically
debit these accounts for any amounts due. If you do not have a Balance that
is sufficient to cover your liability, your Account will have a negative Balance
and you will be required to immediately add funds to your Balance to eliminate
the negative Balance. If you do not do so, Rentec Direct may engage in collection
efforts to recover such amounts.
11.11. Cancelling online payments. You may discontinue your online payment
services by emailing Rentec Direct at success@rentecdirect.com. Send the email
from an address registered to your account and provide contact information,
including a daytime phone number, so we can verify the validity of the request.
The email will not be deemed delivered until you have received confirmation
from us that it was received. Upon account closure, all unpaid fees must be
immediately paid in full and we will cancel any pending payments. If your online
payments account is closed within 12 months of opening it, there will be a
$150 account closure charge.
TS. Tenant Screening
TS.1. Customer is a US Resident intending to screen only US Residents and I
have a permissible purpose as described in the Fair Credit Reporting Act (FCRA)
to retrieve consumer reports for tenant screening purposes.
TS.2. Customer agrees to abide by all requirements of the Fair Credit Reporting
Act (FCRA) as posted by the Federal Trade Commission posted at http://www.ftc.gov/enforcement/rules/rulemaking-regulatory-reform-proceedings/fair-credit-reporting-act.
If customer is unable to comply with any provisions of the FCRA or any other
federal, state or local guidelines regarding consumer data, customer will immediately
notify Rentec Direct and discontinue use of tenant screening products.
TS.3. Customer agrees to follow any state or federal rules for obtaining or
storing consumer public or non-public information. Customer further agrees
to protect the privacy of all data supplied by my tenant(s).
TS.4. Customer agrees to maintain a copy of all written authorizations from
tenants for a minimum of five (5) years, or as required by law, and provide
a copy of written authorization to Rentec Direct, LLC in a timely manner upon
request.
TS.5. The consumer reports shall be requested by, and disclosed by Subscriber
only to Subscriber's designated and authorized employees having a need to know
and only to the extent necessary to enable Subscriber to use the Consumer Reports
in accordance with this Agreement.
TS.6. Customer shall use each Consumer Report only for a one-time use and shall
hold the report in strict confidence, and not disclose it to any third parties;
provided, however, that Customer may, disclose the report to the subject of
the report only in connection with an adverse action based on the report.
TS.7. With just cause, such as violation of the terms of the Customer's contract
or a legal requirement, or a material change in existing legal requirements
that adversely affects the Customer's agreement, Rentec Direct may, upon its
election, discontinue serving the Customer and cancel the agreement immediately.
TS.8. Customer understands that due to the nature of credit, criminal and other
background screening checks, that databases are not always up to date. Rentec
Direct provides this data on an AS-IS basis and does not guarantee the contents
or the time frame in which the report is delivered.
TS.9. Customer understands and agrees that all credit screening requests are
provided in real-time to a 3rd party data vendor, and once ordered all reports
are non-refundable. At Rentec Direct's sole discretion, a full or partial refund
of the price paid may be granted if the data within a report is proven to be
inaccurate.
TS.10. Most reports ordered through Rentec Direct will remain available for
up to 90 days. Some reports may have their own expiration dates that are shorter
than 90 days. After this time, the data may no longer be accessible via the
Rentec Direct interface.
TS.11. In the event of adverse action based on information supplied by Rentec
Direct or any affiliate or vendor, Customer must provide the subject with an
adverse action notice that includes the terms and contact information (as defined
by the FCRA) referencing the consumer reporting agency (CRA) that provided
the information.
TS.12. By submitting a tenant screening order through the system, Customer
hereby certifies that they have provided to the candidate a legally compliant
separate stand-alone disclosure regarding background checks. Customer has also
obtained written authorization from the subject of the background report that
such checks may be conducted. Customer has selected a specific permissible
purpose (tenant screening only) along with this order that it is appropriate
for this search. I certify that I will follow proper FCRA adverse action procedures
when applicable.
TS.13. Most criminal and eviction data provided by or through Rentec Direct
is sourced from Contemporary Information Corporation (CIC). CIC requires Customer
(End User within this paragraph) to acknowledge to the following. CUSTOMER
ACKNOWLEDGES THAT CIC OBTAINS THE INFORMATION CONTAINED IN THE CIC DATA FROM
THIRD PARTY SOURCES “AS IS”, AND THEREFORE PROVIDES THE INFORMATION TO RESELLER
AND END USERS ON AN “AS IS” AND “AS AVAILABLE” BASIS. “AS IS” MEANS THAT CIC
DOES NOT GUARANTEE THE ACCURACY OR TRUTHFULNESS OF THE INFORMATION AS TO THE
SUBJECT OF THE INVESTIGATION, BUT ONLY THAT THE INFORMATION IS ACCURATELY COPIED
FROM PUBLIC RECORDS, AND THEREFORE INFORMATION GENERATED AS A RESULT OF IDENTITY
THEFT, INCLUDING EVIDENCE OF DEROGATORY ACTIVITY, MAY BE INACCURATELY ASSOCIATED
WITH THE CONSUMER WHO IS THE SUBJECT OF THE REPORT. CIC AND ITS DATA SOURCES
AND PROVIDERS MAKE NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, INCLUDING
BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR PARTICULAR
PURPOSE, OR IMPLIED WARRANTIES ARISING FROM THE COURSE OF DEALING OR A COURSE
OF PERFORMANCE, THAT THE CIC DATA WILL MEET RESELLER'S OR END USERS’ NEEDS,
OR WILL BE PROVIDED ON AN UNINTERRUPTED BASIS; CIC EXPRESSLY DISCLAIMS ANY
AND ALL SUCH REPRESENTATIONS AND WARRANTIES. EXCEPT AS EXPRESSLY SET FORTH
IN THIS AGREEMENT, CIC AND ITS DATA SOURCES AND PROVIDERS EXPRESSLY DISCLAIM
THE IMPLIED WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT, FITNESS FOR A PARTICULAR
PURPOSE AND IMPLIED WARRANTIES ARISING FROM COURSE OF DEALING OR PERFORMANCE.
Revision 1.11 (04/22/2024)