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How to Fill Out Roommate Contract

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In this video, Max discusses the benefits of renting out a room in your house to earn extra income, sharing his five years of experience. He emphasizes that all of his tenants have paid, though not always on time. He introduces a lease agreement used successfully in his rentals and encourages viewers to access resources available at maxmymoney.org for detailed guidance. This includes 17 roommate screening questions he uses for phone calls, a room advertisement template for platforms like Facebook and Craigslist, a roommate agreement outlining house rules, and the lease agreement itself. Links to these resources are provided in the description.

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How do you draw up a roommate contract?

What do I include in a Roommate Agreement? Information about the property, roommates, and original lease. Term or length of the agreement. Rent responsibilities. Security deposit details. Responsibilities for utilities and household costs. House rules, roommate duties, and restrictions. Rules for termination of tenancy.

What do you put in a roommate agreement for a college dorm?

It should establish house rules like quiet hours, division of household duties, a cleaning schedule, how youll handle overnight guests, and more. All roommates sign the contract. Whether or not it is legally binding, the contract should be taken seriously by all parties.

How do I set house rules for roommates?

Roommate Etiquette Guidelines Establish some basic rules. Dont borrow without asking. Respect the other persons space. Follow the Golden Rule. Be respectful when inviting guests. Clean up your own messes. Keep your hands off the other persons food. Respect the need for quiet time.

How do I make a college roommate agreement?

How to Set up a College Roommate Agreement 11 Things You Should Talk About With Your Roommate. Share. Sharing. Is it okay to use each others stuff? Schedules. What are your schedules like? Study Time. When does each person study? Private Time. Its college. Borrowing, Taking or Replacing Something. Space. Visitors.

What is the roommate agreement?

A roommate agreement is a legally binding contract put in place that both you and your roommates agree upon and sign, before living together. Anything you want to hash out with your new roommate is fair game when it comes to this contract, so talk about any issues you think could lead to problems.

What are roommate rules?

10 Roommate Etiquette Tips Actively communicate with your roommates. Clean up your own messes. Ask before using your roommates belongings. Respect personal space. Be mindful when having guests over. Split chores equally. Contribute to household supplies. Pay bills on time.

How do I get close to my college roommate?

7 Ways To Bond With Your Roommate Decorate your room together! Go to campus activities together! Have a roommate dinner date! Have a roommate homework session! Watch TV together! Plan a shopping trip! Have a 10-minute catch up session every night!

How do I get a roommate agreement for college?

How to Set up a College Roommate Agreement 11 Things You Should Talk About With Your Roommate. Share. Sharing. Is it okay to use each others stuff? Schedules. What are your schedules like? Study Time. When does each person study? Private Time. Its college. Borrowing, Taking or Replacing Something. Space. Visitors.

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