Security deposit receipt templates are available here to generate good looking and professional security deposit receipts for different uses. Anyone can make use of these templates free of cost. Security deposit receipt is a document that evidences payment of security deposit made by a customer, tenant or any other person for a particular purpose. Security deposit is a specified sum of money paid by the tenant to landlord at the time of entering into rental or lease agreement. Landlord can use the amount for several purposes such as to make rent payment when tenant fails to pay, cost of repairs caused by tenant and cleaning costs etc.
Majority of landlords and real estate agents ask potential tenants to pay security deposit in advance to get the property for rental. The amount can be used in future times to deal with property related costs and nonpayment of rent etc. The tenant can get the whole money of security deposit back at the end of lease or rental agreement if there is no outstanding payment or repairing costs to be paid by tenant. Security deposit receipt is a legal document to put the transaction of security deposit payment into writing.
Not only in property rental, but security deposit may also require when someone is renting out his or her expensive asset to another party. Service provider companies also require customers to deposit a definite sum of money as security in order to avail ordered services. Customers can claim for refund of security when a service contract is terminated. There are free security deposit receipt templates that can be used to make professional looking receipts for security deposit payments. Click on the download link to save the template in your computer storage to make changes in it.