If you manage a rental property, you should give a tenant a receipt when he makes a rental payment. According to Nolo, an online legal resource, many states require landlords to provide rent receipts.
State laws require rent receipts: Did you give or get one this month? Landlords looking to protect themselves from disputes and potential lawsuits should consider giving each tenant a rent receipt ...
Question: My tenant wants to pay her rent each month in cash, which is fine with me. However, she wants me to give her a receipt. Do I have to give her a receipt just because she pays cash? Answer: ...
Opinions expressed by Entrepreneur contributors are their own. Landlords experience a variety of benefits when switching to online rent collection: automation, convenience, accurate bookkeeping and ...
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