The joys of having a roommate
Getting a new Roommate? “Wow! That’s great. I can save so much money. I’ll have someone to talk to, share my chores with, party with”. But, is it really that simple? There are so many things to think about. Who’s going to clean what; who pays how much rent; who’s sharing what. It’s best to draw up a Roommate Agreement in writing to avoid any big or small disagreements or problems in future. Oral agreements are not really reliable or remembered.
Every place has a Roommate Agreement Template they follow. However, most of the points or clauses drawn are usually similar in all Agreements. The first point would naturally be the Names of the parties or roommates. Then comes the term of the rental period and termination conditions; which is followed by the rent amount and security deposit if any. It is best to have clear clauses about living arrangements; for example – sharing of common areas, furniture and appliances and room allotments. Sharing of utilities should also be decided and put down on paper; how much each person will allot for Gas, Electricity, Water, Internet, Phone etc. Entertaining guests or having pets is an added point. If parking is involved, it is best to include that too. There might be any additional clauses, dos and don’ts that might be required by any of the parties. However close the roommate might be, it is best to put all conditions on paper, so as to avoid any unpleasantness in the future.