What should be included in a roommate agreement?

What should be included in a roommate agreement?

Drafting a roommate agreement can save roommates from having serious issues or problems with one another. Not only does it require communication, but it can help resolve any disagreements if they come up. Issues that should be covered include:
  • Each person’s share of the rent, utilities and how much they contributed to the security deposit.
  • The space that will be occupied by each person. In other words, who gets what rooms.
  • A plan for how to divide things such as chores, shopping, cooking and other duties. Be specific and try to list them all in as much detail as you can.
  • Storage/parking. Who gets what and how much of it?
  • Guest/company policy. How will visitors and company be handled? Will there be a limit or stipulations on this type of thing? If so, what is the arrangement?
  • What happens if one of you wants to move out early or if you can’t resolve problems between you? This may not be a nice thought, but having it spelled out in advance can save things from getting out of hand.
  • Make sure you both sign and date the agreement and consider getting it notarized.
Related Topics (1)

Recommended Posts

DIY Sewn Paper Heart Garland

DIY Sewn Paper Heart Garland

Have you started to decorate for Valentine’s Day yet? This sewn paper heart garland is a really fun project that only takes about twenty minutes to put together, so if you’re looking for quick and easy Valentine’s Day decor, this tutorial is perfect for you! DIY Sewn Paper Heart Garland Here’s what you need: colored […]

read more
What are some ways I can finance my first apartment?

What are some ways I can finance my first apartment?

One of the first steps in financing an apartment is saving money for the security deposit, application fee (if there is one) and the first month’s rent. Although the total cost of this can vary, if you are looking to get a place, these things will be necessary steps prior to beginning the hunt for […]

read more
6 Simple Ways to Save Money

6 Simple Ways to Save Money

Recession or no recession, everyone likes to save money.  But let’s be honest, it’s not everyone’s forte.  Some people are shop-a-holics.  They spend excessive amounts of money on items they do not need, whenever they have money.  Some people simply eat out a lot.  Either way, if you find yourself living paycheck to paycheck wondering […]

read more

Pick a Category or Topic

Categories

Topics