A rent receipt is an officially written document that generate by the owner of property to the person who having a possession on it as per settled amount of rent. Typically it’s a crucial document which records the amount of payment getting by the tenant as a rent of property for a given period of time. No two ways about it’s a simple business document which mostly prepared by the owner to prove the all amount of payments received from the tenant. Generally such receipt may comprise the information about property, reason of making payment, month of payment and the basic info of payer and payee as well. In like manner the landlord will be responsible for issuing the receipt so the tenant should have to get a receipt while making a rent payment.
Benefits of rent receipt; this type of receipt may be used as a cash or payment receiving receipt, beneficial for both parties to keep as an evidence of payments, each party can keep a copy of receipt as a record, familiar to overcome from the situation of disputes. Other than that the landlord can also retain this receipt as a bookkeeping tool for security purposes.
This is a common demand to find a Rent Receipt Template that should be printed whenever a rent receipt is required either from rentee or by renter. Here is one such Rent Receipt Template that can help creating Rent Receipts easily and quickly. This template is created using MS Word 2007 but is saved in previous version to be compatible with older version users. Feel free to download it from the link below and edit as per your needs.
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