The roommate lease agreement template is the kind of template that captures the agreement between tenants or roommates. It is important to note that this kind of agreement template is different from others in the sense that it is not an agreement between the landlord and the tenant rather an agreement that happens among roommates. By using the roommate lease agreement template, it is expected that each roommate understand the agreed rules and responsibilities. You can freely download some very good templates on the internet, edit them to suit your peculiar situation, print and sign them as you wish.
Roommate lease agreement template is used for common room rentals for leasing bedrooms in a housing unit while the roommates share some of the communal areas like kitchen, living room etc. It is a legally binding agreement and all the people listed in this kind of agreement will be liable to the terms of agreement in terms of bills payments, rent and other agreed charges. A room rental contract is normally used in a hostel or a place where there is any type of shared living.
In fact, a roommate lease agreement does not have to cater for strangers. For example, friends can adopt this kind of agreement for the purpose of ensuring that everyone understands clearly what is expected of them in a situation where a dispute arises.
You may just have to fill out the important information if you download a template. The information required to fill the roommate lease agreement template include the following