Confirm that rent was received: Rent Receipt
What is a Rent Receipt?
A Rent Receipt is a document that serves as legal proof that a rental payment has been made. Rent Receipts are typically prepared by the landlord or property manager and given to the tenant after they make a monthly rental payment—they are useful for record-keeping purposes.
Sometimes referred to as a Rental Receipt or Rent Payment Receipt, this document includes the total amount paid, which is usually the monthly rent plus any additional charges or fees. If only a partial payment is made, the Rent Receipt will specify the amount paid and the remaining balance.
Rent Receipts create a record of the date and amount paid, which can be useful in case of a dispute or if there is a need to prove payment was made late or for an insufficient amount. They can also serve as evidence of a tenant's habitual late payment if the landlord needs to pursue eviction. Moreover, many states have laws that mandate landlords and property managers to provide a Rent Receipt to tenants every time they make a rental payment. Failing to do so may result in penalties or fines, depending on the state and city where the rental property is located.
Make your own Rent Receipt now – with Rocket Lawyer, all you have to do is answer a few simple questions, and we will build the document for you.
When to use a Rent Receipt:
- You are a landlord or property manager who rents out property in a state or city where Rent Receipts are required.
- You are a landlord or property manager who wants to create documentation of all incoming rental payments for record-keeping and tax purposes.
- You are a renter who wants proof that you paid your rent.
Sample Rent Receipt
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RENT RECEIPT
, ,
,
This is to acknowledge that I have received the sum of for the rental period from to . This amount constitutes partial full payment for the rental period. This leaves an outstanding balance of , which must be paid no later than on .
Paid by:
| By: | Date: |
Rent Receipt Checklist
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___Sign this document. This document needs to be signed by:
The Receipt can be signed online. It becomes effective as of the date specified in the Receipt.
___Everyone gets a copy. Anyone named in the document should receive a copy of the signed document. If you sign this Receipt online a copy will be securely stored in your account. You can share your document from your account.
Important Details
Each tenant should receive their own rent receipt.
Rent Receipt FAQs
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What counts as a Rent Receipt?
Rent Receipts provide proof of rent payment for the renter and a record of income for the landlord. Typically, a Rent Receipt will include information such as the amount paid, how payment was made, and the location of the property.
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Should I get a Receipt for Rent?
Rent Receipts are mandated by law in many states—and a few states require them to be provided at the request of a tenant. If you are unsure whether your state legally requires you to provide a Rental Receipt, ask a Legal Pro.
If you are a landlord, making a Rent Receipt can be beneficial, even if you are not legally required by law to provide one, because it will help with record-keeping and also make you look more professional and trustworthy.
If you are a tenant, a Rent Receipt can be used for protection. If the landlord's records are incorrect and you have paid rent, the receipt can help protect you from eviction or other legal proceedings.
You should use a Receipt for Rent if:
- You are required by law to provide Rent Receipts to your tenants.
- You are a property manager who needs to provide receipts in volume.
- You are a tenant who wants proof that you paid your rent.
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How do I make a receipt?
Making a Rent Receipt using Rocket Lawyer is simple. You just need the following information:
- Date.
- Location of property, including unit number.
- Address of landlord or property management company.
- Amount paid.
- How the payment was made.
With this, you will be able to automatically generate your Rent Receipt. Once the document is made, you can edit, print, download, or share it. You will want to have two copies of this document: one for the landlord or property management company and another for the tenant.
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What makes a Rent Receipt official?
A Rent Receipt is finalized and becomes official once the landlord signs the receipt. This will provide proof that the rent was paid.
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