Often, both Landlords and Tenants choose to save copies of rent receipts for these reasons. For Tenants who pay their rent in cash, a rent receipt is often the only written proof they have showing that they paid rent at all. A Rent Receipt can be helpful for both Tenants, offering documentation that they timely submitted payments to the Landlord, and Landlords, giving them a way to track incoming payments and monitor late payments or bounced checks. A Rent Receipt is a way to document rent payments that a Tenant makes to a Landlord.
