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Room rental agreements, also known as sublease agreements, detail the terms and conditions of the original lease and serve as a comprehensive guide for tenants' rights and obligations. Santiago from Door Loop emphasizes that he is not a legal or financial advisor. A room rental agreement clarifies the responsibilities of a principal tenant subleasing a room. Written agreements are legally enforceable, unlike oral agreements, making it essential to have a contract when subleasing. The summary highlights the importance of specificity in creating these documents, emphasizing that they hold significant weight in enforcing financial obligations and responsibilities.