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A lot of people in some countries would prefer to share a room to lessen the payment of rent. Of course there are risks to this kind of idea as well as the thought of sharing a room with a complete stranger can be scary sometimes. However, we cannot deny that there has been at some point in our lives that we always wanted to know. Why a lot of people would prefer to have a roommate and the reasons why they believe it is a good idea as well. There is nothing wrong with that as long as you know what you are doing and how you are going to do it.
Students who attend college or university often use this as a better solution to lessen the amount of stress for paying rent. So they agree to have a roommate to share, for some it may be to lessen the rent pay, while others to get the hang of having a person with them, especially for those who are renting a place for school. However, where do we even begin with this idea? What does it take to have a roommate and how long are you planning to let a stranger stay? If you are planning on having a roommate for a significant amount of time, you should also need an agreement for that. With that being said, here are some ideas for you to get started.
A weekly roommate agreement is a legally binding document that states the terms and conditions, the rules and the expectations made by both parties before they agree to share a place together. The weekly roommate agreement does not need a landlord to be a part of the agreement, as the landlord does not make the rules or the arrangements for the roommate.
The purpose of the agreement is for those who do want to have a roommate they can share the space and the rent with. Of course each roommate agreement is different and has a different use or purpose for others. Some may prefer to have a roommate to lessen the rent. When making the agreement, one must also place the date or the term of how long the agreement would last before renewing it.
From knowing what a weekly roommate agreement should be, to understanding the purpose of this kind of agreement. It is time we know what a weekly roommate agreement should have and how it would serve its purpose to you and your roommate. We have here some tips to get you started writing a weekly roommate agreement.
There are a lot of things to remember when you are going to be writing a weekly roommate agreement. One of the most important things to write is to emphasize on the price for the rent. Be practical when you have to be placing this, since if it is too expensive, chances are your roommate may not agree to this or basically any potential roommate for this. Be practical.
What this means is things like when the payment of rent would be, will it be half and half, any curfew that would be written. All the details that make up a roommate agreement should also be discussed and stated in the agreement. Missing one in the agreement may lead to misunderstandings. Since your roommate may think if it is not stated, it is not a part. So be careful with that. Always write it down.
Make the date of termination for the agreement. This means that you must at least write when your agreement starts and when it will end. This is also important as the rest of the agreement details. As it also gives your roommate time to either ask for an extension of the agreement or time to look for a place to stay.
Before anything else, settle everything from what you have written with your future roommate. This includes all the details, the terms and conditions and the termination. See to it that you and your roommate are able to discuss before signing the agreement as proof.
Once you have everything discussed and agreed on, settle any other questions that you or your roommate may have. If that is done as well, make them sign the contract, as well as sign it. Give your roommate a copy of the agreement of the copy.
A document that states the terms and conditions, the information required for a roommate to know before moving in. This document is a legally binding document and should not be treated lightly.
The purpose of writing a weekly roommate agreement is to make sure that both parties have agreed on the living spaces, the rent and any other information that is being discussed is agreed on. Before any roommate can come in, there must be discussions with parties to check if they are on the same boat to agreement.
Yes, it is always best to give your roommate a copy of the agreement. This way, if there are any issues regarding the agreement, both parties can simply look back at the agreement and find any solutions from it.
When you are searching for a roommate, make sure to have a specific reason. Apart from the rent and company, a good reason to have a roommate is to share the load, or in this case for students attending college, a friend to get to know. But apart from all this, always expect an agreement before agreeing to anything.