What is a roommate contractAugust 1st, 2023
FiledAugust 1st, 2023A roommate agreement, otherwise known as a room rental agreement is a contract used between two or more tenants to sublet a rental property’s bedrooms while sharing its common (communal) areas. Roommate Agreements by State How Roommate Agreements Work A roommate agreement is when more than one person (usually not related) live in the same dwelling unit and share common areas. Roommate agreements can be used between co-tenants in an apartment, house, dorm room, or any other type of shared living space. This agreement outlines rules and obligations that co-tenants must uphold. Although most of the mandates in a roommate agreement are not legally binding, the financial responsibilities addressed in a roommate agreement can be. It is important to note that a lease or rental agreement isn’t the same contract as a roommate agreement, but they can overlap in some respects. Let’s take a closer look at the difference between a lease/rental agreement and a roommate agreement. Lease/Rental Agreem