The security deposit receipt template is a legal document that is provided by a landlord when a security deposit is collected from a tenant on a rental property. The document will not only provide proof of payment by the tenant but will also show, with what banking institution the deposit is being held in escrow until the lease is terminated by either party.

After the receipt has been written, the landlord should copy the document and give the original to the tenant. Both parties should attach a copy of the receipt to their respective copy of the original lease for record-keeping.

Maximum ($) Security Deposit Amounts – Most States have a limit on how much the landlord may collect for the security deposit. Both the landlord and tenant should verify that the deposit does not breach the maximum amount in accordance with State law.

(Video) What is a Security Deposit Receipt?

How to Write

Download: Adobe PDF, Microsoft Word (.docx), Open Document Text (.odt)

Step 1 – Download the document –

• Enter the date in which the receipt is written in mm/dd/yyyy format
• Enter the name of the tenant to whom the receipt is written

Step 2 – Location of the Funds –

• Provide the address of the banking institution where the deposit will be held until termination of the lease
• Enter the City where the bank is located
• Enter the State where the bank is located

Step 3 – Deposit Amount, Bank and Account Information –

• Enter the deposit amount (in U.S. Dollars)
• Provide the name of the banking institution
• Enter the account number into which the deposit shall be kept
• Enter the date the deposit has been made in dd/mm/yyyy format

Step 4 – Landlord’s Signature –

• Enter the landlord’s signature
• Printed Name
• Date of the Signature in mm/dd/yyyy format