It is particularly affordable most especially for students to rent a space with a roommate rather than living alone. The cost of the rent and other expenses or fees are then divided to each individual sharing the space. Yet how do you define not only the rules, responsibilities, and expectations when it comes to shared living spaces? The cost isn’t the only factor to consider when moving in with someone. There should be several other important matters to consider as mentioned before. To formally establish the rules and responsibilities between you and a roommate, then it is advisable that a roommate contract is exchanged between both parties. Read more about this in our article for today, and if you wish to get more insight then we have several free roommate contract samples below.
10+ Roommate Contract Samples
1. Roommate Contract Template
2. Student Roommate Contract
3. Residence Roommate Contract
4. Roommate Contract Agreement
5. Sample Roommate Contract
6. Printable Roommate Contract
7. Roommate Tenancy Contract
8. Editable Roommate Contract
9. Roommate Security Deposit Contract
10. Roommate Contract Check Out Cleaning Agreement
11. Off Campus Housing Roommate Contract
What Is a Roommate Contract?
A contract generally is a binding agreement between two or more parties concerning different matters such as employment, property, goods, and services that are intended to be enforceable by law. The same thing applies to a roommate contract or otherwise also known as a roommate agreement. Why do you need a roommate contract? It’s rather simple really, this is to protect the best interest of both parties and to make sure that everything has been agreed upon before implementation. And should any problems occur that violate the contract, then whoever party is at fault is legally liable. It document should outline rules, responsibilities, rental agreements, and other relevant details in regards to the shared living space.
How To Write a Roommate Contract?
Creating and signing a roommate contract should be taken seriously, as issues and disputes are bound to arise one way or another. Whether you are moving in with a close friend or even a relative, it is important to set boundaries early on and ensure a peaceful and amicable roommate relationship. A roommate contract may be different depending on the shared living space situation one may be in. But let us discuss the essential components included in the contract.
- Names Of The Parties and Address – the names of the parties involved should be included in the contract. It should be clearly stated who the tenant is and who the roommate is. Don’t forget to include the address, floor location, and room number if applicable.
- Expense Breakdown – every roommate contract or agreement needs a breakdown of each tenant’s contribution toward shared expenses including rent, security deposit, utilities, and shared supplies/groceries.
- Term – the term of the contract is the period of when it starts and when it would end. Usually, the end of the contract is when the lease ends as well.
- Shared and Private Rooms – it should be clearly defined who would use what room, and which spaces are open to the public.
- House Rules – you may want to include several house rules for your shared living quarters. These may be in regards to quiet hours, rules for pets, borrowing of items, cleaning schedule, use of any illegal substances, house guests, food and mealtime, and many more.
- Damages and Liabilities – you need to set terms and conditions whenever any damage occurs in or around the shared living space area.
- Moving Out – whoever decides to move out, must be able to give ample time to advise the other. Include any necessary guidelines for early move-out in your roommate agreement or contract so tenants know exactly what options they have if their situation requires them to move out early. Determine whether the person staying keeps the entire security deposit, and state whether the departing person is responsible for rent and utilities. If so, list an end date for payments.
- Signatures and Date Signed – if all is agreed upon, then don’t forget to add everyone’s signature and the date when the document has been signed.
FAQs
What Is a Rental Agreement?
A rental agreement is a document where a landlord allows a tenant to rent or use a space in a property they own. Normally it is rented out for short periods and is often renewed on a monthly or quarterly basis.
What Is a Roommate?
A roommate, flatmate, housemate are individuals who share the same living quarters with another. This is either in a separate room or in one room.
What Are The Benefits of Having a Roommate?
Aside from saving cost, it can be safer(provided you do a thorough background check, or they are being referred by someone you personally know), it is convenient and the shared responsibilities.
If you prefer to share your living quarters with some else due to various reasons, then your best option is to find a suitable roommate. Make sure that everything is accounted for, from house rules to shared living expenses with a detailed roommate contract.
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