Rental Agreement When Sharing a House

When deciding to rent out a room or share a home, the agreement can sometimes come with more questions than answers.

Financial Terms

Sharing a home can mean more than just sharing the rent.Sharing a home can mean more than just sharing the rent.
Knowing the basics of a shared rental agreement can stop problems with the relationship before they begin.

Rent, utilities and deposits must be clearly outlined in the lease agreement. Knowing who pays for what and when items are due makes life easier for landlords and tenants alike. Most state laws require that these items be included in the lease to forgo major legal complications items later on.

Behaviors and Schedules

Living with someone else means having agreements in place regarding use of common areas, houseguests, pets, work habits and personal habits, like smoking. Each agreement should be specified in the lease.

Eviction Clause

Landlords have a right to evict tenants that violate the rules of a shared lease. The circumstances under which a tenant can be evicted need to be placed in the agreement for the protection of both the tenant and the landlord. Tenant rights and laws vary from state to state, and can be confirmed with a local counselor from the Department of Housing and Urban Development (HUD).