Decembere 6, 2022

What Should Be Included In A Roommate Agreement?

Are you, like the other 79 million Americans, thinking of finding a roommate to live with? After all, especially in pricey places like San Francisco or Manhattan, having a roommate does not only reduce your financial burden, but it can be a great way to bond with a new friend.

With that said, it is important to create a roommate agreement before moving in as it helps to set the ground rules, and ensures a successful living together. Read on to know more about what should be included in a roommate agreement.

Rental and Bill Costs

One thing you have to include in a roommate agreement is rental and bill costs. You can begin with the discussion of who pays what and when, as well as, payment methods. For instance, will you both pay the landlord separately, or will one individual pay rent and the other repay bills on a monthly basis?

If so, will you provide a payment receipt? Or if there are differing bedroom sizes or other factors, will you share the bills or rent equally among everyone, or will it be dependent on bedroom size or other factors?

These are serious factors to consider in regard to rental costs. In terms of bill costs, consider how you and your roommate jointly pay for other common expenses, such as toilet paper. You wouldn't think that would be a problem, that is until you are the only one who constantly pays for it.

Leaving Earlier

What happens if you or your roommate are left with no choice but to leave the apartment earlier? Setting up expectations for what to do if this occurs is important to prevent serious issues from occurring. For instance, consider the notice period one is required to give before one can leave.

You can even consider putting in a clause that requires the person leaving to find another renter to replace him before leaving. When will the security deposit be returned? Money is always a problem when roommates part ways, so make sure even the most unlikely situations, such as where to send money that returns, are handled well in advance within the roommate agreement.

Personal Timings

While this may be less well-known, putting one’s personal timings and schedules in a roommate agreement is incredibly beneficial. After all, it can allow both parties to better understand their roommate and will be able to make the proper adjustment.

Do you get up at 5 a.m. every day and listen to music while getting ready? Perhaps your roommate doesn't get out of bed until 2 p.m. because they work evenings. In addition, making a timetable for everyone and posting it somewhere noticeable can also help.

Pets

What happens if you or your roommate have pets, or consider getting one in the future? This is another important aspect to include in the roommate agreement. If your landlord allows pets in your flat, be clear on what the owner is liable for paying, as the building may impose varied pet fees.

You may also wish to include cleaning up after the pet on any household tasks list. However, if you or your roommate is allergic to specific types of pets, it is also important to state the clear boundaries and rules in the roommate agreement.