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Room rental agreements, also known as sublease agreements, define the terms of original leases and serve as comprehensive references for tenant rights and obligations. Santiago from Door Loop highlights that he is not an attorney and cannot provide legal or financial advice. The primary purpose of a room rental agreement is to outline the obligations of the principal tenant subletting a room. Written agreements are legally recognized, while oral agreements may not be, making it essential to have a written contract for subleasing. This ensures enforceability of financial obligations and responsibilities. When creating a room rental agreement, there are no restrictions on the level of detail that can be included.