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A room rental agreement is a document where the tenant and landlord agree on terms for renting a room. It allows the renter to legally use the owner's housing unit for a specific time and cost. The agreement outlines the tenant's rights, such as good living conditions and warning about any hazards. Landlord's rights include receiving rent, maintaining the apartment's condition, and using security deposits. It also specifies that the tenant can use communal areas and share them with others.