Definition of "Receipt"

  1. receiving something such as a cash payment.
  2. Written statement that something has been received such as cash, real property, or documents. The purchaser should always get a receipt. An example is the buyer of real estate getting a receipt for giving money to the seller as a down payment.

Comments for Receipt

Charles Thompkins Charles Thompkins said:

I lost my receipt when I brought my home how can I get other receipt bi payed cash

Jun 02, 2021  23:05:13

 
Real Estate Agent

Hey Charles! Thank you for reaching out to us. Regarding the receipt, you received when you purchased your home. Depending on how you purchased it, the fact that you paid cash should not make it impossible for you to find another copy of the receipt. Because real estate transactions deal with large sums of money, both parties should have proof of the transaction. The best way to get a copy is by contacting the other party involved in the purchase, the real estate agent if you used one, or any other third party that might be involved.

Jun 11, 2021  07:00:44
 
 
image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Haven’t you ever paid a bill a few days after the due date? It happened to all of us, not necessarily because we didn’t have the money, but because we simply forgot about it. A ...

Mock closing; all information is available prior to an actual closing in order to insure all documents are properly executed by the appropriate parties. A preclosing is normally used only ...

Removal of a tenant from a portion of a rented or leased premise. ...

Expiration of a lease or insurance policy by mutual consent of the parties, also to give up. ...

Platform erected on a roof in some New England homes having a view of the sea. It was said widows of lost seaman would walk on the platform looking out at sea for their husbands to return ...

Offering price. ...

Condensed appraisal report covering the major items. ...

Mortgage where the lender pays a borrower a fixed monthly payment based on the value of the property. It allows the borrower to receive monthly receipts against the equity in his or her ...

Also called price control or rental control. A controlled or administered price that is set for property by a federal or local agency typically in extraordinary circumstances. ...

Popular Real Estate Questions