A document generated by property owner or landlord at the time of receiving rental payment from tenant is known as rent receipt. It is a legal document that proves rental payment made for each month. Rent receipt templates are designed by experts to help beginners when making rent receipts. You as a tenant must ask the property owner for rent receipt when rental payment is made via cash before due date. It will work as written evidence of rental payment to prevent penalty or any other legal action. Download a suitable rent receipt template to make professional looking rent receipts quickly.
Since rent payment is one of the large expenses you pay each month, you must get a signed rent receipt from the payment recipient for record keeping purpose. Most of countries and states also require landlords and property owners to generate rent receipts for each and every rental payment. It provides equal benefits to both landlord and tenant. Landlords can use such receipts to keep rent roll updated on regular basis to determine total amount received by tenants as rental payment. Rent receipt can be a document prepared manually on simple paper or generated via receipt book.
Elements of rent receipt may include date, name of the tenant, value of payment, rent for the month, address of the property, signature of the recipient and stamp etc. If you want to generate rent receipts on computer without wasting huge time and efforts, we recommend you to download rent receipt template for free from here. After download the template for rent receipt, you will get freedom to customize it’s all elements according to your needs and property requirements. Once it is edited successfully, you can use it to create professional computerized rent receipts shortly.