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A roommate rental agreement is a document that defines the rights and responsibilities of individuals sharing a rented housing unit. It differs from a standard lease agreement, which outlines the relationship between a tenant and the landlord, by focusing on agreements between roommates. This agreement is important for organizing shared living arrangements, especially among tenants unfamiliar with one another, as it helps prevent future conflicts. For instance, it addresses issues like damages to the property or rent payment responsibilities, ensuring that both parties are aware of their obligations and expectations in the shared living environment.