Terms for Payment Recipients
Terms for owners, vendors and others who receive money sent through TenantLoop.
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1. Acceptance
These terms apply when you receive a payment sent through TenantLoop, for example an owner distribution or a vendor payment. You accept them by connecting a bank account or accepting a payment.
2. How payments work
Payments are initiated by the TenantLoop customer who owes you money (the "Sender") and processed by our payment partners. TenantLoop does not decide whether or how much you are paid. Questions about amounts go to the Sender.
3. Your information
Provide accurate bank and identity details. Our partners may verify them, and payments may be delayed or returned if the details are wrong.
4. Timing, returns and errors
Typical timing is shown when a payment is sent. If a payment is sent in error or reversed, you agree to cooperate in returning funds you are not entitled to.
5. Fees
Recipients are not charged by TenantLoop unless a fee is clearly shown before you accept a payment. [Confirm.]
6. Privacy and contact
See our Privacy Policy. Questions: legal@tenantloop.com [confirm].