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Even if your roommate is a co-tenant, having a roommate agreement is wise because it explains what's allowed, what's not allowed, and who's responsible for certain payments. A roommate agreement is also important because, if your roommate vacates early, it can help you avoid having to pay all of the rent and utilities.
What do I include in a Roommate Agreement? Information about the property, roommates, and original lease. ... Term or length of the agreement. ... Rent responsibilities. ... Security deposit details. ... Responsibilities for utilities and household costs. ... House rules, roommate duties, and restrictions. ... Rules for termination of tenancy.
Rent and utility payments, cleaning and housekeeping responsibilities, food and kitchen guidelines, noise and quiet hours, guest policy, personal property and storage space, lease and renewal agreement are the key elements that must be included in a roommate agreement.
I promise to pay 1/__ of the monthly rent. This amounts to $____. The total amount my roommate(s) and I are liable for over the period of the lease is $____, of which my share is $____. I understand that we, as a group and as individuals, are responsible to our landlord for the total rent for the term of the agreement.
Things of a Personal Nature Not to Share: Personal hygiene products: Toothbrushes. Razors. Bars of soap (liquid soap is okay) Deodorant. ... Clothing items: Shoes (especially if the person doesn't wear socks) Underwear. Hats. ... Bed: Don't offer up your roommate's bed without first asking. Miscellaneous items: Earrings. Headphones.
A roommate agreement is a legally binding document that you and whomever you share your living space with will sign. It spells out how you will split bills, share items or food, use and maintain common areas and eventually move out.