When a person gets into a deal with the owner to use the agreed property for exchange of money known as rent in an agreement it is known as Roommate Rental Lease Agreement. This is a roommate agreement is legally binding the owner and the tenant along with other housemates living in that private home. A Roommate rental is a very specific kind of renting situation, where the person taking on rent has to use on sharing basis with other co-tenants. There are a lot of formalities to be completed while completing and filing the roommate rental agreement. The most common details are personal details, professional details, financial details etc. The form may also ask details like local guardian, name of the guardian etc. These agreements are usually created as per the law of the state or federal law. All the terms and conditions should be very clear and precise. The form must be duly filled and signed by the tenant in the presence of the landlord and handed over along with other documents. The roommates can be college roommates and this rental agreement between friends and the landlord should be on a stamp paper.
A sample of Roommate Rental Agreement/Contract or a lease agreement for renting a room in my house is available online for a download in word format. You can customize and use it as per your requirement.
Sample Roommate Rental Lease Agreement Form
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