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SHARED RENTAL AGREEMENT FOR ROOMMATES
SHARED RESIDENCE AGREEMENTS
A roommate agreement is made by two or more people
who are sharing living expenses. All roommates should
have a clear understanding about their individual
responsibilities for rent and other living expenses.
Without a written agreement problems are more likely
to arise. Few things could be more uncomfortable
than sharing a house with someone with whom you
have an ongoing disagreement about financial matters.
It is always best to have such understandings in
a written agreement.
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JOINT AND SEVERAL LIABILITY
Roommates need to be aware of their legal obligations
on a lease or mortgage. In nearly every case, a landlord
will require each roommate to be ""jointly and
severally liable"". This means the landlord
can look to either roommate for the full performance of
all obligations. If one roommate fails to pay, having
a written agreement is important for the paying roommate
to be able to make a claim against the non-paying roommate
but the roommate agreement does not relieve either party
from the possibility of having to pay the full amount
of rent.
Below is a sample agreement but you should always consult
an attorney before implementing such an agreement. This
agreement may not be suitable to your needs.
This agreement is made between
__________________________________________ (landlord)
and
___________________________________________ (tenant)
On the ____________ day of _______________ 200_.
A monthly rent of ________ will be due on the first of
each month and payable to the landlord
Each tenant agrees that he/she will be responsible for
____ (1/ _ ) of the rent.
Both parties have signed a lease for the following address:
_________________________________
This agreement will commence on __________________,
for a term of _____________ and ending on ________________.
A security deposit of ___________________ has been placed
with the landlord.
Each party agrees to pay _________ (1/ _ ) of this deposit.
Both parties acknowledge the lease and the terms set forth
in it. It is understood that the lease has priority over
this roommate agreement.
Utilities are to be shared
The landlord agrees to pay for _____ (1/ _ ) and the
tenant agrees to pay for _________ (1/ _ ) of the following:
* Water
* Gas
* Electricity
* Maintenance/upkeep
* Maid service
* Phone service is the responsibility of each party unless
otherwise specified
Each resident agrees to reside at the above address or
continue to pay his portion of the rent during the term
of the lease. The tenant, at his or her own expense may
locate a new tenant which must be acceptable to the other
parties of the lease. The landlord must give his written
permission to sublet.
Pets are the sole responsibility of the owner. Any damage
caused by his or her pet must be paid for by the responsible
party.
__________________________________date
__________________________________date
__________________________________date
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