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The roommate agreement is a contract among individuals living in the same rental unit, distinct from a lease agreement between a landlord and tenants. It primarily outlines financial obligations, while also listing various contingencies like house rules. This agreement is applicable in shared living spaces such as apartments, houses, or college dorms. Although not legally binding beyond the financial terms, it helps clarify expectations among roommates. Landlords typically are not involved in roommate disputes, except in cases where physical harm is a risk. Negotiating a written roommate agreement is essential for potential roommates to ensure mutual understanding.