My tenant wants a reciept of the rents he paid?

November 21st, 2009 | by admin |

Hi, I am a relatively new landlord. My tenant wants a receipt of the rents he paid in the past 12 months. Can I just prepare a document clearly mentioning he paid the rents in full and show the amounts and dates and sign it. OR: should it be prepared in a more specific "receipt format"? THANKS.

A signed prepared document showing all the rents, dates, amounts is clearly adequate. From now on make sure he gets his receipt when he pays.

  1. 7 Responses to “My tenant wants a reciept of the rents he paid?”

  2. By MavistheMaven on Nov 21, 2009 | Reply

    That’s fine. There’s no required format, as long as the relevant information is there.
    References :

  3. By golferwhoworks on Nov 21, 2009 | Reply

    any format you wish should be ok with them
    References :

  4. By cajundude1 on Nov 21, 2009 | Reply

    A signed prepared document showing all the rents, dates, amounts is clearly adequate. From now on make sure he gets his receipt when he pays.
    References :

  5. By witherinlily on Nov 21, 2009 | Reply

    yes you can do that but I suggest preparing a actual receipt for each month after and make a copy for yourself. That will save your butt in the future just in case something happens.

    I see alot of cases where there was no receipt and the landlord tried to sue to tenet for back rent and there was no proof so forth and so on.
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  6. By Sebastian S on Nov 21, 2009 | Reply

    Yes that will do this time, but its best you give him monthly receipts, also if he paid you in check form that could be a good paper trail for your tenant. I had to prove my rent to buy my home last year and what they did was list the months and amounts with check # signed it as my Landlord in Fact and that was it!
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  7. By Wango138 on Nov 21, 2009 | Reply

    They are probably looking for some sort verification for loan purposes. Within the finance industry, there is a standard form called a "Verification of Rent" (VOR). I would suggest you provide the borrower information in a similar format.
    References :
    http://www.bobmarshall.com/VOR.PDF

  8. By schwildcat1977 on Nov 21, 2009 | Reply

    That should be fine. You should be keeping some kind of record anyway. Be it a receipt book with duplicate copies and/or an accounting program of some sort.
    References :
    I’m a property manager and we have a receipt book with duplicate copies and we use Quickbooks. When a tenant asks us for that we just print out their ledger from Quickbooks. But you could also make copies of the receipt book too.

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