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 have transferred to the landlord. The form may be issued on-the-spot with the landlord completing the amount and how the payment was made.
- House Rent Receipt Format India Pdf Download
- House Rent Receipt Format Download
- Indian House Rent Receipt Format Pdf Download
- House Rent Receipt Format India Pdf File
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. Get the free rent receipt format pdf. RECEIPT OF HOUSE RENT Under Section 1 (13-A) of Income Tax Act Received a Sum of Rs. (Rupees ) towards House Rent Rs. ) per month from to from Sri/Smt in respect of House NO. Situated at (Affix. Rent Receipt Date Received from The Sum of Dollars For the Period to For Rent at Received by Address Landlord’s Signature No. Paid by Check No. Cash Money Order Rent Receipt Date Received from The Sum of Dollars For the Period to For Rent at Received by Address Landlord’s Signature No. Paid by Check No. Cash Money Order Rent Receipt Date.
Security Deposit Receipt – Use when a tenant makes an initial deposit to the landlord at the start of a lease.
- How to Accept Rent Online
A rent receipt is an acknowledgment of 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.
Step 1 – Collect / Pay the 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.
House Rent Receipt Format India Pdf Download
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.
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 Rent Online
As you can see below, Cozy.co 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 |
| Avail.co | $2.50 | 3.5% | Yes, it depends on the number of units. |
| ClickPay.com | $0 | 2.95% | $0 |
| Cozy.co | $0 | 2.75% | $0 |
| eRentPayment.com | $1 | 2.95% + $0.50 and setup fees. | $10 or free if at least 10 transactions per month |
| PayYourRent.com | $2.50 | 2.75% | Yes, it depends on the number of units. |
| RentPayment.com | $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.
House Rent Receipt Format Download
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
A Rent Receipt is a way to document rent payments that a Tenant makes to a Landlord. Rent Receipts give Tenants evidence that they have submitted payments to the Landlord as required. They also give Landlords a way to track incoming payments and monitor late payments or bounced cheques. For Tenants who pay their rent in cash, a rent receipt is often the only written proof they have to show that they paid rent at all. Often, both Landlords and Tenants choose to save copies of rent receipts for these reasons.
This Rent Receipt includes important information, including the amount of the rent payment, the date the payment was received, and the manner in which the payment was made (eg cash, cheque, electronic funds transfer etc). This Receipt also allows the Landlord to confirm whether the payment was a full or partial payment. If the Tenant made a partial rent payment, the Landlord can describe any late charges that the Tenant may then be required to pay in relation to any remaining payment which is overdue.
How to use this document
Once the Rent Receipt has been filled out, the Landlord can send an original signed copy of the receipt to the Tenant and save a copy of the letter for their own records.
Applicable law
Indian House Rent Receipt Format Pdf Download
Leases may be subject to the rent control laws of individual states. However, these acts apply only to a tenancy of over 12 months. Further, the Transfer of Property Act, 1882 also contains provisions pertaining to lease of property. In some cases, a rent receipt may be required for claiming tax deductions towards house rent allowance under the Income Tax Act, 1961. Further, the Indian Stamp Act, 1899 requires a receipt to be given on demand and also requires that a revenue stamp be affixed on receipts over an amount of Rs. 5000 (Rupees Five Thousand).
How to modify the template
You fill out a form. The document is created before your eyes as you respond to the questions.
House Rent Receipt Format India Pdf File
At the end, you receive it in Word and PDF formats. You can modify it and reuse it.