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Room rental agreements, also known as sublease agreements, outline the terms of original lease agreements and serve as comprehensive references for tenant rights and obligations. The instructor, Santiago from Door Loop, clarifies that he is not an attorney and cannot provide legal or financial advice. The main goal of a room rental agreement is to specify the responsibilities of a principal tenant who sublets a room. Written agreements are legally binding, unlike oral agreements, making it essential to have a written contract when subleasing. This document is important for enforcing financial obligations and responsibilities. There are no restrictions on how detailed a room rental agreement should be.