Rent Receipt

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A rent receipt template is a form that allows a tenant to mark their monthly rent as paid. Most commonly for the use of cash payment by the tenant to their landlord. The receipt should only be filled in after the funds are transferred to the landlord. The form may be issued ‘on the spot’ with the landlord completing the amount and how the payment was made.

Security Deposit Receipt – Use when a tenant makes an initial deposit to the landlord at the start of a lease.

Table of Contents

What is a Rent Receipt?

A rent receipt acknowledges a rent payment made by a tenant. This is usually in the form of cash but can be for credit cards and physical checks as well to show the tenant paid on time. The receipt consists of the amount paid, property address, payment source, and most importantly the landlord’s signature.


How it Works (3 steps)

Step 1 – Collect / Pay Rent

The tenant pays the rent, in accordance with their rental agreement, to the landlord. If a receipt is needed then the payment is usually done in cash. The landlord will then write the amount paid and for the rental period.

Step 2 – Landlord’s Signature

It is imperative that the landlord sign the receipt as it is the only proof the tenant will have that rent was paid.

Step 3 – Keeping the Receipt

The tenant will be handed the receipt and should be stored safely in the chance the landlord tries to bring a claim for non-payment.

How to Accept Rent Online

Paying rent online is now popular more than ever. Especially with most sites offering it as a free service to try and obtain the landlord as a customer for performing tenant screening (background and credit reports).

As a landlord, this is very easy to set up and only requires signup and uploading their bank documents. Afterward, the rent collection company will contact the tenant and inform them of their ways to pay online.

Step 1 – Signup with a Website

Use the table below to find the best option that works for you. After signup, include your property details and get verified to accept credit cards and bank deposits by submitting your personal or business entity information.

Best Websites to Get Paid

As you can see below, is the best online resource to collect rent online with free ACH payments and 2.75% credit card fees.

Websites ACH Fee Credit Card Fee Monthly Subscription $2.50 3.5% Yes, it depends on the number of units. $0 2.95% $0 $0 2.75% $0 $1 2.95% + $0.50 and setup fees. $10 or free if at least 10 transactions per month $2.50 2.75% Yes, it depends on the number of units. $4.95 2.95% $0
Zillow $0 2.95% $0

Step 2 – Alert Your Tenants

Alert your tenants that now they can pay rent online, often with no fee, for making ACH payments online. This is also a convenient way to pay as the rent will be processed directly from the tenant’s bank account on the 1st of every month.

How to Write

Step 1 – Download the Document in Adobe PDF (.pdf), Microsoft Word (.docx), and OpenText Document (.odt) – To issue a rental receipt, begin by providing the following:

  • Date the receipt in mm/dd/yyyy format
  • Enter the receipt number
  • Name of tenant
  • The amount paid to the landlord

Step 2 – Premises Location – Enter:

  • The address of the premises for which payment is made
  • Method of payment
  • The person who has received the payment
  • Address
  • Phone
  • Submit Landlord’s signature

Provide the original copy to the tenant