Kagaznama

Rent Collection and Remittance Statement

At a glance

Price
Free
Stamp duty
No stamp duty — a statement acknowledges no money received by the signer, and creates no obligation.
Registration
Not registrable — a statement of account creates no property interest; outside section 17, Registration Act, 1908.
Witnesses
None.

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Also called

  • managing agent account statement
  • rent statement from property manager
  • monthly remittance statement

When you need it

A PB/CH manager collecting rent owes a monthly account: owed, collected, spent, kept, remitted. Sets the period; rent due/received by unit; arrears; deposits held; deductions/reasons; net remitted; when/how. The signature only acknowledges receipt.

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You can fill this one in on this site, and read the whole draft on screen before you decide anything about it. It is a carefully drafted template; it is not advice about your own facts.

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See stamp duty, registration and witnesses

What follows is written for Punjab and Chandigarh. It states the position there rather than describing how it varies, so the amounts below are the ones that apply — worth confirming at the sub-registrar’s office, because rates change. If the property is anywhere else in India, none of this is yours.

Stamp duty

No stamp duty — a statement acknowledges no money received by the signer, and creates no obligation.

Registration

Not registrable — a statement of account creates no property interest; outside section 17, Registration Act, 1908.

Notarisation

Not required.

Witnesses

None. The Manager signs the statement, and the Owner acknowledges it.

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Sample preview — placeholder answers, not your data

RENT COLLECTION AND REMITTANCE STATEMENT

Statement of account from a property manager to an owner

Period: 1 April 2026 to 2 April 2026
Date of statement: 2 April 2026

From the Manager: Sukhwinder Singh Randhawa, Randhawa Estate Services, SCO 108, Sector 44-C, Chandigarh 160047, mobile +91 XXXXX XXXXX, email manage@randhawaestates.in
To the Owner: Gurpreet Singh Sandhu, House No. 1147, Sector 70, SAS Nagar (Mohali), Punjab 160071
Property: House No. 88, Sector 33-A, Chandigarh 160020, in Punjab


1. Rent

1.1 Rent due and received in the period, unit by unit:

Ground floor, Harpreet Kaur Gill: due 32,000 rupees, received 32,000 rupees on 3 August 2026

1.2 Total rent due: ₹64,000 (Rupees Sixty Four Thousand only)

1.3 Total rent received: ₹64,000 (Rupees Sixty Four Thousand only)

1.4 Arrears outstanding at the end of the period: ₹32,000 (Rupees Thirty Two Thousand only). Details: First floor, July rent unpaid; reminder sent on 5 August 2026

2. Deductions

2.1 Management fee: ₹5,120 (Rupees Five Thousand One Hundred and Twenty only)

2.2 Repairs and outgoings paid: ₹4,200 (Rupees Four Thousand Two Hundred only). Details, with the bill for each: Plumber, kitchen leak, 1,200 rupees (bill 311); society charges, 3,000 rupees

2.3 Income tax deducted at source by tenants: ₹0 (Rupees Zero only). The tenants' certificates for it will be passed to the Owner.

3. Remittance

3.1 Net amount remitted to the Owner: ₹54,680 (Rupees Fifty Four Thousand Six Hundred and Eighty only), by bank transfer, on 3 April 2026, reference UTR SBINR52026090700321.

3.2 Tenants' security deposits held at the end of the period: ₹1,28,000 (Rupees One Lakh Twenty Eight Thousand only). They are held for the Owner and are not part of the amount remitted.

4. Receipts

4.1 A signed receipt was issued for every rent payment received in the period, and copies are attached.

5. Matters needing the Owner's decision

The first-floor tenancy expires on 31 October 2026; please confirm whether to renew

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.

Questions about this document

Does the Rent Collection and Remittance Statement need stamp paper or stamp duty in Punjab and Chandigarh?

No stamp duty — a statement acknowledges no money received by the signer, and creates no obligation.

See the full position on stamp duty, registration and witnesses
Does the Rent Collection and Remittance Statement need registration in Punjab and Chandigarh?

Not registrable — a statement of account creates no property interest; outside section 17, Registration Act, 1908.

See the full position on stamp duty, registration and witnesses
What does the Rent Collection and Remittance Statement cost on Kagaznama?

Free.

Documents are free. Only kits are paid.

Does the Rent Collection and Remittance Statement need witnesses?

Often needed with this document

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