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In this video, Suzanne discusses the importance of having a formal agreement when renting out a room to a lodger. Many live-in landlords lack such agreements, which can lead to challenges if either party needs to move out suddenly. The absence of a lodging agreement can complicate situations for both the landlord and the lodger. Suzanne emphasizes that agreements serve to protect both sides and facilitate smoother transitions. She also notes the distinction between a lodger and a tenant, pointing out that while the differences may not be vast, a lodger typically shares living space with the landlord, which necessitates clear terms for the arrangement.
