A Roommate Agreement is a legal paper that makes known conditions under which individuals can occupy the same rented living quarters. Such an arrangement makes expectations explicit and thus responsibility, hence promoting coexistence. For example, rent, bills, sharing of duties, and home guidelines may be included in this agreement between housemates.
Key Components of a Roommate Agreement
You can list down following key components of such an agreement in summary.
- Rent and Utilities
- Security Deposit
- Lease Terms
- Living Arrangements
- Chores and Maintenance
- Guests and Noise
- Conflict Resolution
- House Rules
Types of Roommate Agreements
Following are types of usual roommate agreements used in our society.
- Fixed-Term Roommate Agreement
- Month-to-Month Roommate Agreement
- Sublease Roommate Agreement
- Co-Tenant Roommate Agreement
- Room Rental Agreement
To avoid any confusion or misunderstanding, as well as to set up guidelines on how to share accommodation, it is important that a Roommate Agreement be made. At any time before they decide to live together, all parties should have a conversation about this document while regularly checking its contents for necessary changes.
Here are previews and download links for these free Templates in MS Word format.