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When living with roommates, it's important to fill out a roommate agreement that outlines key financial responsibilities. This includes how much each person pays for rent, especially if there are disparities in living arrangements, like one person in a larger room paying $800 and another in a smaller space paying $200. The agreement helps protect everyone involved, as the landlord will expect the total rent payment. Additionally, the agreement should specify which utilities are in each person's name, as this affects credit building and liability. Lastly, discussing a guest policy is also advisable to avoid potential conflicts.
