Settle Some Rules by using a Roommate Agreement
Sharing a room on the same rooftop can be so frustrating if there is no agreement between the same tenants. Some people may do this to share and save the cost to rent a property, especially an apartment. College students and fresh graduates tend to share the same room to reduce their accommodation costs. You will need a roommate agreement to settle and legalize the terms and conditions. In short, it is a legal contract that applies to all persons who share the space. This agreement also helps you to protect the concerns of both. By the signing the agreement, it means that all the tenants must obey the rule and responsibilities which have agreed before.
Without having an agreement, you may face some little problems or bigger problems in the future. Some problems that may arise during your rent like lost money, lost time, and even lost property. Therefore, you may also ever hear lease agreement, but this is different where a lease is a contract between the landlord and the tenant meanwhile the roommate agreement template itself is between the tenants or roommates even both of you are friends. This helps the tenants also to avoid fights if some problems arise. However, three conditions should be considered to be input in the contract. They are basic information that stands for both roommates and property, legal or contractual nature consideration, and basic behavioral stipulations.
Samples of Roommate Agreement Form :
The basic information that should be included in the roommate agreement template is the roommates’ name, address of the residence, the agreement term, the rent, and the way to divide the bill, security deposit, utilities, and parking. For legal consideration, you need to discuss rental insurance especially if it will be purchased. Then, you can also describe how to repair the damage, early termination term, living arrangement, shared property, and costs. Further, for the basic behavioral stipulations that should be considered such as whether pets are allowed or not, overnight guests, parties or entertaining, cleanliness expectations, smoking and alcohol use, chores and household duties, and noise level and quiet hours. If you are interested in using this type of template, you can download one for free at the bottom of this page too.
Roommate Agreement Template | Word – download
