Such receipts are signed by both the landlord and the tenant as a proof that the latter has paid his dues.Īnother important purpose of the rent receipt is to keep an account of the payments made, either to the landlord or to the property manager. The basic purpose of rent receipt template word is the recognition that the tenant has actually paid the rent and the landlord has actually received it. > What is the Purpose of Rent Receipt Template Word? You can also see Hotel Receipt Templates. Such managers have the responsibility to collect rents for the property under their management and they are the ones who hand over the rent receipt as the tenant pays them the rent. Besides, property managers also need the rent receipt template. It could be for a residential or a commercial property on rent. However, it’s the landlord who will be in possession of the receipt booklet and as the tenant offers him the payment every month, the former will acknowledge the payment with a receipt offered to the latter.
Download Now > Who Needs Rent Receipt Template Word?Ī rent receipt template word would be needed by both the landlord and the tenant.