If a tenant bounces a check, the rent receipt will not hinder the landlord’s collection efforts.
In the event of a dispute, tenants will have a physical document to show that they paid rent.Ī written rent receipt also benefits landlords and property managers because they have a physical document to help track payments. Tenants can also use rent receipts as a backup when tracking expenses or when filing taxes, as many states give renter’s tax credits. Tenants-especially tenants that pay with cash or cashier’s check-can use a rental receipt to show that they satisfied their home or apartment’s lease requirements. Therefore, it makes perfect sense to have printed proof of what’s likely our largest monthly expense-rent.Ī rent receipt serves as a written record of payment and benefits both landlords and tenants. Retailers hand us receipts for even the smallest purchases.
