Rental Agreement With Two Tenants
Description
How to fill out North Carolina Amendment To Lease Or Rental Agreement?
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FAQ
Yes. It's possible to sign a lease agreement with more than one tenant. In this case, the legal term is "co-tenants." Please note that the situation of co-tenants is different from the situation of a tenant and their occupants.
Dividing Rent Evenly If all rooms are relatively similar in size and have the same amenities, splitting rent evenly is the best method. You just divide the rent by the number of roommates and you're done.
Joint Leases A joint lease is one in which all roommates in a particular apartment sign the same lease. This means everyone is equally responsible for for all rules and regulations of the lease (including rent payments), and that any one tenant is responsible for the actions (or inactions) of all the others.
When you sign a lease and agree to joint and several liability, you are agreeing that you are each fully responsible for the full amount of the rent, for fulfilling all conditions of the lease, and for any damages to the rental.
