RENT COLLECTION AND REMITTANCE STATEMENT
Statement of account from a property manager to an owner
Period: __________ to __________
Date of statement: __________
From the Manager: __________, __________, mobile __________, email __________
To the Owner: __________, __________
Property: __________, in __________
1. Rent
1.1 Rent due and received in the period, unit by unit:
__________
1.2 Total rent due: __________
1.3 Total rent received: __________
2. Deductions
2.1 Management fee: __________
3. Remittance
3.1 Net amount remitted to the Owner: __________, __________, on __________, reference __________.
4. Receipts
4.1 __________
Accounts
This statement is rendered under the Manager's duty to account to the Owner. The Owner may ask for the bank statement of the account into which rent is collected, and for the original of any bill.
Personal data
This notice is given under the Digital Personal Data Protection Act, 2023.
The names, addresses, telephone numbers and email addresses in this document are collected for one purpose: accounting to the Owner for rent collected and money spent on the Property. The Owner and the Manager each keep a copy. It may be shown only to the Owner, the Manager and their accountants; tenants' names appear only to show whose rent is accounted for, and it will not be used for marketing.
This statement is kept for the term of the management engagement plus 12 months and then erased, except that the Owner may keep a copy as part of the Owner's own records of rental income.
Consent to the use of personal data in this document may be withdrawn at any time by writing to __________. A request to correct inaccurate data, to erase data once its purpose has ended, or to complain about how it has been handled may be sent to the same address, and will be answered within 30 days.
This document does not collect any Aadhaar number, PAN, bank-account detail or copy of an identity document of any tenant.
Signature of the Manager
Signature: ________________________
Name: __________
Acknowledged by the Owner
Received this statement. This acknowledgment does not accept the figures in it.
Signature: ________________________
Name: __________