If the Tenant made a late or a partial payment, the Landlord can notify the Tenant of any late payment fees chargeable under the tenancy agreement. cash, cheque, money order, etc.) and whether the payment was a full or partial payment. This Rent Receipt includes important information, including the amount of the rent payment, the date the payment was received, the manner in which the payment was made (e.g.
It is common for both Landlords and Tenants to save copies of rent receipts for these reasons. For Tenants who pay their rent in cash, a Rent Receipt may be the only written evidence they have of their payments. A Rent Receipt is a method of documenting rent payments that a Tenant pays to a Landlord under a tenancy agreement or commercial lease agreement.Ī Rent Receipt can be beneficial to both Tenants and Landlords, offering Tenants documented proof of payments, and Landlords a record of rent payments, any late payments and any additional charges.
