Remittance Advice Form
*Effective 10/15/2024
Procedure
The following is CCC's official procedure for the Remittance Advice Form (RAF) which is required if a Property Manager or Property Management Company refuses to complete a Direct Deposit Authorization Form (DDAF).
If DDAF is refused, please have PM fill out RAF in lieu of DDAF in order for CCC to obtain the most accurate and reliable delivery information for recipient. Please note, recipient must designate one individual to sign the parcel at time of delivery, otherwise delivery will be denied.
DDAF must be presented to PMs initially with no mention of RAF. If DDAF is refused, then and only then may RAF be introduced.
DDAF is a hard requirement for Private Landlords with no exceptions. RAF is valid for Property Management Companies only.
RAF is now available for Private Landlords who refuse DDAF. It is imperative that DDAF is presented to Private Landlords first, prior to offering RAF.
Payee must match Owner on VOO if paying Private LL. Different Individual Payee cannot be designated by Private LL. Only Property Management Company may be designated as Payee by Private LL with valid PMA.
Updated Form
Delete your outdated PDF and replace with the new PDF if you access the document locally on your desktop or folder instead of bookmarking it in your browser.
If you access the document via browser, bookmark this new link: https://www.docdroid.com/dtAXQRk/remittance- advice-form-raf-pdf
IF YOU HAVE A DAR THAT WAS RECEIVED PRIOR TO THIS UPDATE YOU MAY SUBMIT OLDER VERSION