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Rent Deposit Receipt Examples

See how our generator formats security deposit and pet deposit receipts: first month's rent and deposit on separate labeled lines, refundable vs non-refundable clearly noted, and holding account disclosed.

Deposit receipts cover security deposits (typically 1-2 months' rent, refundable at lease end minus damages) and pet deposits ($200-$500, often partially non-refundable). These receipts itemize the deposit amount, type, and refundability terms — important for tenant move-in and move-out reconciliation.

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Frequently Asked Questions

What does a security deposit receipt show?

A security deposit receipt shows: the receipt number, the property address and unit, the tenant name, the date received, the first month's rent amount (often collected together with the deposit at lease signing), the security deposit amount with a label identifying it as 'Security Deposit – Refundable', and disclosure of the financial institution and account number where the deposit is being held (required in many states). The total shows the sum of first month's rent plus security deposit paid on that date.

Which states require landlords to issue a security deposit receipt?

Most states require a written receipt for security deposits collected in cash or money order. Additionally, many states require the landlord to disclose where the security deposit is being held: California, New York, New Jersey, and Massachusetts require the deposit to be held in a separate escrow or trust account and the receipt must identify the bank and account. Some states (e.g., New Jersey, Connecticut) require the landlord to pay interest on the security deposit and the receipt should note the interest rate and the bank.

How does a pet deposit receipt differ from a security deposit receipt?

A pet deposit receipt shows the security deposit separately from any pet-specific charges. Most pet deposit receipts include: a refundable pet deposit (an additional amount over and above the standard security deposit, refundable if no pet damage occurs) and a non-refundable pet fee (a one-time charge that the landlord keeps regardless of damage). These must appear as separate labeled lines. Bundling refundable and non-refundable amounts without disclosure may be illegal in some states that limit what landlords can designate as non-refundable.

What is the maximum security deposit a landlord can collect?

Security deposit limits vary by state. California limits security deposits to 2 months' rent for unfurnished units and 3 months' for furnished. New York caps deposits at 1 month's rent for most residential leases. Texas has no statutory cap. Some cities have additional limits; San Francisco and Berkeley cap at 2 months, New York City caps at 1 month for rent-stabilized units. The security deposit receipt should identify the deposit as meeting or below the applicable limit, and some states require the landlord to return excess deposits.