Rental Lease Agreement Document With Utilities Included

• Category: Contracts - Roommates
• State: Multi-State
• Control #: US-00454BG-10
• Format: Word; Rich Text

Description

The Rental Lease Agreement Document with Utilities Included is designed for roommates sharing an apartment, delineating responsibilities for rent and household expenses, including utilities. Each roommate is equally responsible for the rent, which is to be paid to one designated individual who forwards the total to the landlord. The agreement outlines procedures for terminating tenancy, requiring written notice 30 days in advance, and obligates vacating roommates to assist in finding replacements. Common household expenses, including utilities like gas, electricity, and water, are to be shared equally, with individual responsibility for additional incurred costs. It specifies guest policies, allowing overnight guests for up to seven days, and addresses involuntary termination of tenancy under specific circumstances. Provisions for the security deposit are included, ensuring an equitable return upon lease completion and outlining damage responsibilities. The agreement also allows roommates to establish shared living arrangements, house rules, and chore distributions. This document is particularly useful for attorneys, paralegals, and others involved in real estate or tenancy matters, as it provides a clear framework that protects the interests of all parties involved in the rental arrangement.