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A rent receipt is a document that acknowledges a tenant's rental payment, serving as proof of payment for both the landlord and tenant. It is crucial for maintaining a clear paper trail, helping to prevent issues related to non-payment. Rent receipts can also provide documentation for partial or late payments, which are essential for accurate record-keeping. As a landlord, having an effective rental payment process and accommodating payment methods for tenants can streamline the experience. Creating a rental receipt is an important step in managing rental payments. Various templates for rent receipts are available in print, PDF, Excel, and Word formats.