verification needed for accepting cash - NSW

[r3ckless]

Herro!

New tenant wants to pay cash.

Proeprty is in NSW. Im ok with this, but for a legal point of view, do I have to provide receipt, or anything?

 

[DaveM]

Yes issue receipts and keep a ledger so there is no ambiguity on when rent is paid till

 

[Scott No Mates]

Yes, cash is fine providing you provide a receipt (or make one available). The tenant can always make payment (in cash via direct deposit) but unless there is enough to identify the tenant/property it is best to keep a receipt book.