If you deal with properties and especially rent them out for a short or longer term, then you must be using rent receipts regularly. A lot of commercial agents require a professional receipt format to present it to their customers and/or to use it officially for government correspondence. If you are a landlord or an official broker to one or more landlords, then it is worth downloading the following rent receipt template to use whenever it is required or needed by the situation.
As per legal requirements, all tenants have the right to demand for an official rent receipt from the landlord whenever they pay their monthly or annual rent. In such a situation, it is really useful for any landlord to quickly print it using a professionally designed rent receipt template. This receipt template is created using Microsoft Word so that even a normal PC user can easily create professional receipts quickly and effectively. There might come situations that can cause embarrassment for landlords if they can’t produce professional rent receipts quickly and without much effort. So it would be a wise decision to keep a collection of professional and easy-to-edit rent receipt templates.
It is quite common to have a conflict between landlord and tenants on past rent payments especially in the case of monthly payments. Such conflicts are mostly resolved by looking at past rent receipts signed by the landlord with or without their official stamp. Court of law will also demand such receipts from tenants if the case is put up there for legal action. If the tenant fails to present an official rent receipt then the court might order a payment considering that the rent was not been paid. This proves how important it is to demand rent receipts from landlords no matter how trustworthy the relationship you are enjoying with them.
Here is a preview of our own created Rent Receipt Template using Microsoft Word,
Here is the download link for the above-shown Rent Receipt Template,
source: MikeTemplates.com
Important Information on Rent Receipts:
Here is a list of key informational elements that every rent receipt must have;
- Date of Payment
- Period of Payment
- Amount
- Landlord Name (or Company Name)
- Tenant Name or Paid By
- Address of Property being rented
- Landlord Signature with or without company stamp
In case, the landlord offers online rent receipts and the tenant would like to pay through credit cards, please make sure this receipt is signed with digital signatures and can easily be verifiable. In such cases, usually at the spot printing is available to send the receipt directly to your printer once you processed the payment. Please make sure your printer is in fully working condition before you start the payment process.
Finally, all tenants need to keep all rent receipts in a secure place and order so that it should be easy to retrieve a receipt (any month) quickly and without spending much of their time. Also, keep it safe so that it shouldn’t be damaged with time or during shifting from one place to another.
