This page provides landlords, agents, and tenants with a rental deposit receipt template for creating rental deposit receipts.
Rental deposit receipt template for landlords or agents
When you have a property for rent and a tenant has paid a deposit, you must provide the tenant with a deposit receipt.
The rental deposit receipt states that on a specific day, the prospective tenant paid you a deposit to hold a property at a specified address.
If the prospective tenant does not take the property on the agreed date, the deposit shall be forfeited to you.
If the prospective tenant takes the property, the deposit will return to the tenant after deducting the amount paid for damages, cleaning, etc.
To create a rental deposit receipt, you can use the rental deposit receipt form in PDF format below. It provides you with all the necessary information so that you have to fill out only basic information. This will help you save hours from drafting the receipt from scratch.
After filling out the information, you can print it in two copies. You give the prospective tenant a copy and keep yourself one copy.
Some tips on rental deposit receipts for tenant
The following are some tips for tenants regarding the rental deposit.
- A rental deposit receipt is typically equivalent to one month’s rent.
- If you are sure you will rent the property, you only hand over the deposit to the prospective landlord or agent. Don’t give the deposit to a person leaving the property or someone else.
- You should always get a copy of the rental deposit. Avoid paying cash; if you lose the receipt, you can get a canned check from the bank as proof of payment.
- If you pay a deposit for holding a property and decide not to take it, you risk losing it.
If you want to create security deposit receipts, check out the security deposit receipt template.