If the lease says that Pre-Authorized Deposits is the only form of payment we accept and the tenant signs the lease agreeing to this clause, can we enforce this?

Pre-authorized deposits can be used as a method of payment as long as the tenant agrees to pay in this manner. Section 108 of the Act says “Neither a landlord nor a tenancy agreement shall require a tenant or prospective tenant to, (a) provide post-dated cheques or other negotiable instruments for payment of rent; or (b) permit automatic debiting of the tenant’s or prospective tenant’s account at a financial institution, automatic charging of a credit card or any other form of automatic payment for the payment of rent.

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