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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. Santiago, from Door Loop, emphasizes that he is not an attorney and cannot provide legal or financial advice. The purpose of a room rental agreement is to detail the principal tenant's responsibilities when subletting a room. Written agreements are legally recognized, while oral ones may not be enforceable, making written contracts essential for subleasing. This documentation helps in upholding financial obligations and clarifying responsibilities. There are no restrictions on the specificity required when creating a room rental agreement.